While in Texas, Doug takes the opportunity to speak with Thomas Lacy, a veteran of the Texas oil industry, about oil and gas investing. This type of investment is limited to accredited investors.*
*An accredited investor must have an annual income exceeding $200,000 ($300,000 for joint income) for the last two years with the expectation of earning the same or a higher income in the current year OR have a net worth that exceeds $1 million.