20. Oil

20. Oil

You probably don't buy a lot of oil directly from the people who extract it from the ground, and nor do most people. The oil industry is at threat from the young though - and that's because nobody wants to work in it. For decades, people who work in the oil industry have been painted as greedy and corrupt. Oil has also been seen as the cause - or at least a factor - in many armed conflicts all over the world. Factor in the fact that millennials are also more interested in renewable energy that fossil fuels, and you have a ticking timebomb for the oil industry.

We suspect that oil companies will always find people willing to work for them, but if the next generation decides to opt for renewable energy instead of oil in a big way, it won't take long for profit margins to get squeezed. A drop in the demand for oil would have an enormous impact on the global stock market, but to millennials, that's better than allowing oil companies to continue as they are.

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Did You Know...

I

Whether celebrities are looking to be in the spotlight or escape the paparazzi, there are some popular vacation destinations that always seem to be frequented by the stars. Celeb spotting is a favorite pastime of many travelers, and you might be able to snag a photo or even an autograph when you visit these top celebrity vacation spots around the world. Although the price tags may be a bit higher in these destinations than your average budget getaway, these are some of the best celebrity vacation spots that you can start saving up to visit and enjoy the trip of a lifetime.

II

One of the classiest celebrity vacation spots in Europe is Mallorca, Spain. It’s known as a spot to be posh more than a spot to party. Michael Douglas and Catherine Zeta Jones have a house here, and it’s been a favorite getaway for Gwenyth Paltrow. Some of the local favorites that boast the most celebrity sightings include the Wellies Restaurant and Bar, Puerto Portals, and Es Trenc Beach.

III

Saint Tropez is known for its amazing beaches and blissful landscapes. Celebrity couples like Beyoncé and Jay Z and David and Victoria Beckham have been spotted vacationing along these famous beaches. The Cote d’Azur seaport is a big draw for celebs here, as well as top beach clubs like Club 55.

IV

Perhaps the most well-known celebrity that loves Lake Como is George Clooney. He has a villa with over a dozen rooms here so he can bring all his friends along to relax, get away, and party. Villa d’Este is another popular place celebrities choose to stay because of its attention to privacy. Just ask Arnold Schwarzenegger, Bette Midler, or Sylvester Stallone!

V

Sure, there are plenty of celebrities that call Sydney home year-around, but there are lots of others who like to visit for a surfing and sailing getaway. Sydney’s Bondi Beach has been a top vacation pick for Leonardo DiCaprio and Hugh Jackman, and some A-list accommodations are the InterContinental Hotel and the Park Hyatt in the Rocks.

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