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Thank you for that. Stock options do make the most sense for why there is such a large gain in wealth. The real winners of the GameStop stock run up were not stock holders as much as those who had options. That being said I still agree with the other comments that oil companies are price takers not price makers. The only way oil companies can affect the price is by reducing oil production. This requires collusion across the different companies. Otherwise you'll loose out. Additionally I have seen first hand the effects of Biden pulling oil leases on federal lands. There is a handful of mostly developed fields in Alaska. The pipeline running to the rest of the oil network were about 6 weeks from completion. The day Biden took office everyone was laid off. The supply issues go much further than the keystone XL pipeline. Additionally oil companies wouldn't be spending billions on expansion if they were trying to reduce production.