Order Reprints Print Article Oil and gas companies could face more stringent regulations under Democratic control of the White House and Congress. But analysts remain confident about their prospects, as political shifts often result in surprising changes. In fact, President-elect Joe Biden’s victory has coincided with a runup in prices even though he is considered to be less of a friend to the industry than a Republican administration would have been. Truist... Close Apache, Devon Energy, and EOG Are a Few of the Oil and Gas Industry’s ‘Democrat Darlings’ Oil and gas companies could face more stringent regulations under Democratic control of the White House and Congress.