Biden’s here to set the record straight; none of his policies have negatively affected the oil and gas industry. BDW and fact-checkers, however, will say this is a flat out lie from the President once again. This all comes on the back of the news that the administration is set to release another 10-15 million barrels from the strategic reserve. Biden also likes to threaten mom-and-pop gas stations to bring down the price of gas at their businesses.