I saw a meme stating that the “President” has nothing to do with the price of oil. Bull Merd. “Joe” shut down domestic production day one of the Coup d’etat. The subsequent lack of supply from domestic sources was “met” by draining the Strategic Petroleum Reserve and by begging the enemy for more oil…
You could argue that Biden admin policy has hindered the increase in US oil production, but it is still headed back up to the 2019 record and may exceed it this year.
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPUS2&f=M
The US President has a great effect.
In part by his policy vs US production, but that is not fully under his control, there are lots of extraneous factors, especially global prices.
In larger part through his ability (not every President or his admin can actually make this work) to diplomatically influence other producers, critically the Saudis.