Here's some background on a few President's with regard to energy policy:
1971: Nixon severs ties to gold
1973: Nixon backs Israel in Yom Kippur War. In retaliation, OPEC declares embargo on US (it lasted 6 months). Nixon rations oil to the states based on 1972 usage rates. States with increased populations had shortages. To encourage new exploration, Nixon fixed the price of oil from existing domestic fields. Prices from newly developed fields are allowed to float at market rates. Because inflation was already picking up from the fiat money switch, existing oil fields became unprofitable. "Old oil" fields were shut down. Shortages increased. This was the beginning of the huge spike in oil that peaked in 1980.
Ford does nothing to change the situation.
1977: Carter creates Department of Energy
1979: Carter bans oil imports from Iran, imposes import quotas, and tells Americans to install solar panels, lower the temperature in their houses, and to stop driving so damn much.
1980: Carter imposes windfall profits tax on oil companies.
1981: Eight days after taking office, Reagan issues executive order 12287, which eliminated Nixon's oil price controls, effective immediately. "Old oil" comes back online. The inflation adjusted price of oil begins falling immediately and continues to fall (except for a bump during Gulf War 1), until 1998. Reagan also removed Carter's windfall profits tax.