Anony mous.....This was hashed in detail on this board years ago. Obama began demanding that oil leases be used or they would be voided. The game was/is for oil companies to hold leases without intent to use for accounting reasons. It enables the books to appear better for favorable loans and investor potential. It ultimately becomes a control over the market as well. The same issue has returned to the public attention under Biden.
The reality is that presently oil companies are sitting on 6-7000 Federal land leases and have no interest in exploring them, as they benefit from holding them and do not wish to glut the market through over production. The issue is not making leases available, the issue, if there really is one, is capitalism.
As far as Obama's and Trump's effect on oil production:
The number of producing acres and leases on federal lands was about consistent between the two administrations' final fiscal years in office., gas permits, leases surged from final Obama year through Trump years | S&P Global Market Intelligence
The Keystone XL pipeline. is not domestic oil, it is designed to facilitate the transfer of Canadian oil to Nebraska where is then goes to the Gulf to refineries that can deal with the low-grade/heavy oil. 2/3rds of which will be exported by the oil companies to other markets. None of this results in lower costs to Americans or anyone. It simply facilitates trade. As the State Dept made clear last year:
"As the final Supplemental Environmental Impact Statement makes clear, gas prices throughout the United States are primarily driven by global market factors," a spokesperson said. "The amount of Western Canada Sedimentary Basin (WCSB) crude that makes its way to the Gulf region does not change this dynamic. Any impact on prices for refined petroleum products resulting from the approval and construction of the Keystone XL pipeline would be minimal."
Even with an honest portrayal of the risks and rewards, not everyone will agree about the pipeline as people value things differently.
Recall that gas and oil prices soared (over 4$ for both here) under Bush Jr.
As suspicious as it looked for that that to happen under the presidency of a family so well connected with the oil industry, the reality is the market disruptions of Iran, Nicaragua and Brazil created the spike in prices much like how the Russian/Ukraine war, the Israel/Iran tensions are today. US oil companies and brokers have a fiduciary duty to shareholders to make as much profit as possible. When the rest of the world's oil prices went up the prices for domestic oil followed. That will not change because of more federal land being sold as leases for oil drilling.