More likely Biden is being paid by the Saudis to keep US oil production low.
“..those are not mutually exclusive.”
A cut in oil production ramps oil prices, helping Russia. Whether this is a move to induce the US to turn up the charm with KSA or is an actual secular shift in loyalties is TBD. It also helps Iran. The outright enemies of ours and our iffy pals of the world are enjoying testing and toying with Biden.