One of the big lies floating out there is that oil companies production or exploration has been suppressed somehow by the Biden administration.
It's true that there was a big reduction in oil exploration. But this stsarted during the Trump administration because of finances. Oil and gas prices were low so banks insisted that oil companies stop chasing after oil that would cost too much to extract and start improving returns to shareholders.
In addition, the most productive oil producing areas with oil and gas that is cheap to extract like the Permian BAsis are in private hands
Also, as noted above, oil and gas companies have stored up huge supplies of permits thanks to the Trump administration policy of selling them off cheaply.
Finally, oil and as companies have been constrained by the same supply shortages as other industries.