I am of two minds about this.
On the one hand, its nonsense that Dementia Joe is taking staeps that reduce US oil production even while increasing the price of oil.
On the other hand, the more Joe Dementia bans oil drilling on federal lands etc, the higher the price of oil and the more money red states like Texas, Oklahoma, North Dakota, South Dakota etc make. Blue states like New Mexico on the other hand, have a dispassionate percentage of their oil on federal lands. I wm not going to lose too much sleep over them.
Looks like a win for some red states to me.