If congress won't raise tax on big oil, Obama will

There's more than one way to skin a rich oily pole cat.  Obama, unable to get the Reichwing to raise tax or cut support programs for oil companies who enjoy billions of tax breaks and freebees already, today raised the oil royalties on wells on public land.  The first time since 1920 fees went up.  About time the public got a fair market return on letting drillers use our land for free.  The rate went from 12.5% to 18.75%, which is what it is for offshore drilling.  Since oil is traded world wide, and prices are set by speculators in castles and penthouses far and wide, this will not raise the price of gas at the pump, but it brings in more tax royalties to the government right off the oil giants bottom line.
Will this hurt Obama's election chances, unlikely, since it will be the 1%ers and corporations howling about their precious billions, and he didn't lose a single vote, they don't vote democrat anyhow.  This should add a few dollars towards our red ink, and thats good, and after seeing record high profits almost every quarter for fossil fuel pumpers, well, I don't shed a tear.