Well, yes, that's what the article says. But why didn't companies do that for Biden, for example? Instant price rises for him, drawdowns of reserves for Trump.
Companies don't control the release of strategic oil reserves. The President does that, and Biden actually did do it during the early days of the Russian invasion of Ukraine. At the time, Republicans criticized him for doing it, but if he hadn't gas prices would have gone even higher than they did. The big difference is that Bidden didn't create that crisis. The current mess is 100% Trump's doing.