Crusty Joe owns the 100 oil
https://www.msn.com/en-us/money/markets/100-oil-talk-pushes-department-of-energy-into-panic-mode/ar-AAPf73K?ocid=msedgdhp&pc=U531
Still, the Biden administration should know that it owns this energy price spike. The track record of killing the Keystone Pipeline, the drilling moratorium on Federal Lands, and the rejoining of the Paris Climate Accords while discouraging investment in the U.S. oil and gas industry has already helped to add to what has become a global energy crisis. In recent years it has been the U.S. oil and gas producer that has kept global oil and gas prices low while feeding global economic growth.