Not unless domestic oil is allowed to start producing again like they were before January of last year. With the Russia offensive, that's the only way prices are going to start dropping again.
We’re producing more oil than we were in January of last year and it has been rising every month since.
There hasn’t been a single regulation or policy which has effected current oil production, and we are on pace to hit record production in 2023. All policies that went into effect in January of 2021 won’t affect production for like 5-10 years.