If you limit supply prices go up. If you increase demand by inflating the economy then prices go up.
Trump made it a stated point to drive oil prices down. I think he thought blue collar people wanted cheap gas which they do in theory.
He didn’t realize that the oil states (which are mainly red) fire their economies from O&G production. It funds real estate, restaurants, car dealers, grocery stores, luxury goods, mineral royalties, production jobs.
