Biden Administration Raises Costs to Drill and Mine on Public Lands: For the first time since 1920, the government has raised the rates that companies pay. The fossil fuel industry says it will hurt the economy

https://www.nytimes.com/2024/04/12/climate/biden-administration-raises-costs-to-drill-and-mine-on-public-lands.html

by DoremusJessup

23 comments

  1. Says the king of price gouging from the country’s most profitable industry.

  2. Do the opposite of the interest of the fossil fuel industry.

  3. > “… as President Biden, in the last year of his term in the White House,”

    Wow! the NT Times is not biased at all.

  4. The fossil fuel industry has had a free ride for at least decades it’s about time they pay at least some of their fair share.

  5. Awe poor fossils fuel industry. Let’s feel bad for y’all when profit increased during the pandemic while everyone else was struggling. Bunch a crybabies.

  6. Man, it’s almost like…..and I don’t want to make crazy accusations here. That making them do anything that they don’t want to do will “hurt the economy” almost like they’re holding us hostage with that threat constantly

  7. I feel like this is a ploy to make a negotiation with the fossil fuel industry. Biden will make a fuss about it and ultimately pull back to the regular rate with concessions that the FF industry won’t support Trump. If not that then what a great way to get FF companies to funnel money into your competitor.

  8. Hurt their business but not the economy. Their replacement is right at the door.

  9. Fuck the economy.

    I would like my children to have a habitable planet to live on in 10 years.

  10. So Biden approved all these new drilling contracts and now he’s saying “but it’s going to cost you”? Why were these contracts and approvals done in the first place? I’m so tired of the fossil fuel industry.

  11. Fossil Fuel industry are proven liars. We’re uninterested what those rich assholes have to say

  12. Should read “the fossil fuel industry will MAKE it hurt the economy”.

  13. It wont hurt the economy, it’ll hurt their pockets unless they finally lean how to manage their money, company and employees better.

  15. Right now there are no highers fees for drilling and yet still the gas prices are high? So what’s the reasoning behind this then?

  16. They missed the last two letters in their statement. It will hurt theIR economy.

  17. Good.
    Now remove subsidies from companies making record profits. They can obviously foot their own bill.

  19. If it is being mined on public land, it should be the peoples oil

  20. Ahhh yes. The economy over humanity. Let’s not hurt the dear economy when our planet is breaking records daily on how bad it is.

  21. A tired and outdated threat by the oil companies. Every single day they make another proclamation on how this and that will hurt the economy. Reading between these lines they are saying the price for our profits will be going up…again.

  22. Good…our public lands are all too often sold or leased to commercial for-profit entities with little concern for their preservation. And the whole “it will hurt the economy” is more threat than legitimate argument.

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