not sure the administration is stopping any oil company producing more oil. but they are happy seeing prices rising so their current production makes more money.
turning on the wells that are currently shut off doesn't require permission from Washington but does increase supply and hence the price... it was new land and sea area exploration permits that were stopped - but plenty of existing permitted land available to be exploited...
Either way higher gas prices is a boon for Lucid wish they could get the parts to ramp up production.
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