Porky Pig and Daffy make an expedition to the North Pole. That something happens to them is foreseeable. The fact that they also meets Santa Claus, however, causes a bitter surprise. / Yosemite Sam is of the opinion that he came across oil and he wants to buy their land from the animals of the forest. He promises "good deeds". Bugs, however, fool him and the supposed black gold turns out to be something else...