Worked in the oil industry. All oil companies think the same, “wait for oil prices to go up before producing more to fill demand.” It’s business, why produce when oil is cheap (aka less regulations) It’s a business an Biden is good for it, shut down those who can’t afford liability insurance and regulation standards (aka small competition) Consolidate production to less corporations and rise prices. It’s the word around the industry. It’s only going to get worse for consumers and better for investors. Oil companies might reach ATH like the Obama days. Who’s ready for 10$ diesel and 6$ gas per gallon? Cause it will be here sooner than later.