During his final weeks in the White House, President Joe Biden is expected to issue an executive order prohibiting new offshore oil and gas drilling.

WASHINGTON (AP) — President Joe Biden is moving to ban new offshore oil and gas drilling in most U.S. coastal waters, a last-minute effort to block possible action by the incoming Trump ...

All these add up to a gargantuan company with enormous influence in the future of not only oil and gas but also climate change. Let’s drill deeper into this unique situation. Figure 1.