Fracking on private property developed to offset restrictions and regulations, which has helped boom oil production. Joe Biden is the most bullish oil president we've had, thanks for such restrictions. Kinda like the war on drugs. Throw in that the GOP forced Obama to lift oil our oil export ban, which has helped spur more production.
“The oil boom kicked off when Obama and Joe restricted productions on federal property.”
Oil production surged under Obama, thanks to fracking:
By the end of President Obama’s first term, production had climbed to more than 7 million BPD. By the third year of Obama’s second term, U.S. oil production had nearly doubled to 9.7 million BPD. However, a price war with OPEC caused oil prices to crash and oil production to subsequently decline during Obama’s fourth year. Nevertheless, from the beginning of Obama’s first term to the end of his second term, U.S. oil production increased by 3.7 million BPD.