This is current production. Biden has raised royalty rates on public land and made permitting more difficult. Oil and gas companies have been constrained more by their own investors than by the govt.
SPR is all politics and not relevant to actual supply. It gets a lot of attention but it is insignificant in the scheme of things.
It worked out OK for the Biden midterms, gave the nonstop proabortion ads more traction with gas prices off the table.