Gas prices were cheap under Obama especially in '15 and '16, and we didn't have a pandemic. They went up steadily under the trump administration, until they crashed along with oil production in 2020. It took US oil production a few years to recover, and now it's the highest in world history.
And the oil companies may be doing that, not by bringing production up to pre covid levels, which it isn't but in going after fresh drilling in protected lands. Biden tried to get them use the leases they already have, but I don't believe they've done that. It's deceiving that they're 'producing' so much without the industry really showing how they're doing it.