[The_Media_never_lie]

Why would you think Biden would be good for oil? He wants to kill the US oil industry. He tilts at windmills.

[inchworm]

What the post infers is that if you are already part of interest in an active well, and supply goes down due to less drilling then the price goes up for oil and gas. But as far as future wells go, there would be fewer.

[Enterprise]

True. Biden wants to kill the oil industry in the U.S. Then he will make a killing off the oil industries in foreign nations.

[lepton]

Why would you think Biden would be good for oil? He wants to kill the US oil industry.

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That’d be wonderful for foreign oil, and could immediately add 50% to Russia’s GDP.