Biden stopped exploration of new drill sites, that will decrease supply, which it did, less supply increases cost to the consumer.

Specifically, fossil fuel costs. Renewable energy costs continue to decline and are cheaper than fossil fuels.

Also, higher consumer costs aren’t necessarily a bad thing. A higher fossil fuel costs force consumers to be more judicious about their choices that involve fossil fuels. How is that a bad thing? A price-sensitive consumer will reduce their use of fossil fuels, and have more money to spend on other areas of their life. In contrast, gas guzzling pavement princesses will eat into their owner’s pockets more than ever before.

Between the two, I’d prefer to be the former so I can eat more steaks and potatoes.