BOIL’M Initiative

Washington (f-A-ke. P.) —

Today in Washington, the Obama Administration announced a new initiative designed to reform the energy industry and fundamentally change US energy policy:

We’re going to call this critical policy change (B)ig (OIL) Refor(M) or “BOIL’M” for short and it will do for ‘transportation poor’ Americans what our administration’s recent health-care initiative did for the millions of uninsured in this great country.

President Obama

A centerpiece of BOIL’M is the so-called ‘play-or-pay’ requirement mandating that all Americans buy a minimum amount of gasoline per month or pay a set of government fines that will increase yearly through 2020. Americans who don’t own cars will not be exempt from ‘play-or-pay’ on the assumption that it will encourage them to “do the right thing”. The administration has stated that these mandates are necessary to ensure that, “…we use all the new oil we’re going to get from drilling the crap out of the Gulf and Atlantic“.