...while ending domestic oil production...
Keep poking the bear you fools...
“...while ending domestic oil production...”
If the policy is to end domestic oil production, that policy is failing. The United States is producing more than 12 million barrels of oil per day.
Biden’s Sale of U.S. Oil Reserves to China
Also Cut in Hunter Biden For a Piece of the Action
Edited.....snip....the Biden Administration’s sale of U.S. oil reserves to Unipec America, a company operated by the Chinese Communist Party, raises concerns that U.S. oil could be used by China to support Russia’s invasion of Ukraine.
To ensure the Biden Administration is properly managing the sale of critical American assets, lawmakers are once again calling on Department of Energy (DOE) Secretary Jennifer Granholm to provide an immediate briefing and all documents and communications related to the SPR sale.
According to DOE, the Biden Administration recently sold almost a million barrels of SPR oil to Unipec America, a subsidiary of Sinopec, a company owned by the Chinese Communist Party.
In addition to concerns with Hunter Biden, the President’s son, receiving money from the Chinese deal, the decision to sell to Unipec is troubling ...........efforts to ensure the American people that the Biden Administration is properly managing the sale of critical assets from the SPR and not supporting Russia by providing oil to China, lawmakers requested a briefing and documents related to this matter.
Committee Republicans previously wrote to Secretary Granholm on May 26, 2022 and July 20, 2022 requesting a briefing on the DOE’s plan to replenish the SPR and raising concerns about the sale of oil to a Chinese energy company that Hunter Biden’s private equity firm has a financial stake in.
DOE’s failure to provide a briefing or any information related to the SPR sale jeopardizes the United States’ ability to respond to national emergencies and meet Americans’ energy demands.
“Research shows Chinese firms recently trading with Russia’s defense sector, including with companies supporting Russia’s ongoing war with Ukraine. This is troubling because the DOE sale of almost $100 million worth of oil went to Unipec, a subsidiary of a Chinese oil company.
In light of China’s close friendship with Russia having ‘no limits,’ there are serious questions about whether SPR oil is benefiting Russia or companies assisting Russia in the invasion of Ukraine. It would be unacceptable for China to support Russia’s invasion of Ukraine with oil from the United States.