Biden Administration’s Latest Brainwave: Let’s Squeeze Oil Companies for More Money!
In a move that’s sure to have oil tycoons reaching for their monogrammed handkerchiefs, the Biden Administration has proposed a steep increase in fees for oil companies drilling on federal land. Because, you know, nothing says “economic recovery” like making it more expensive for businesses to operate.
The Price of Doing Business Just Went Up
The new proposal would see oil companies paying more for the privilege of drilling on Uncle Sam’s property. The current administration seems to think that the best way to encourage clean energy is to make dirty energy more expensive. It’s a bit like trying to get your kids to eat more vegetables by making chocolate cost $100 a bar.
“We’re not saying you can’t drill for oil. We’re just saying it’s going to cost you an arm and a leg. And maybe a kidney.” – Imaginary Biden Administration Spokesperson
The Impact on Oil Companies
Naturally, oil companies are thrilled about this. Who wouldn’t be? After all, it’s not like they have shareholders to answer to or anything. And let’s not forget the potential job losses. But hey, who needs employment when you’ve got a planet to save, right?
The Silver Lining?
On the bright side, this could be a boon for the federal land drilling industry. After all, nothing stimulates growth like higher costs and more red tape.
“We’re excited about the opportunity to pay more for the same thing. It’s like Christmas came early!” – Imaginary Oil Company CEO
The Bottom Line
So there you have it, folks. The Biden Administration’s latest plan to save the planet: make it more expensive for oil companies to do business. Because nothing says “progress” like higher costs and potential job losses.
“Drilling for oil, it ain’t no thrill,
Biden’s upping the bill,
Oil tycoons feeling the chill,
Guess it’s time to swallow the pill.”
Tags: Biden Administration, oil companies, federal land drilling, economic recovery, clean energy, job losses
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