Posted on 07/07/2022 7:49:43 PM PDT by bitt
President Joe Biden’s administration sold 950,000 barrels of oil from the U.S. Strategic Petroleum Reserve to a Chinese state-owned gas company that has financial ties to a private equity firm cofounded by Hunter Biden, according to a Washington Free Beacon report.
In April, Biden’s Department of Energy announced the nearly one million barrel sale to Unipec, which is the trading arm of Sinopec. Sinopec is wholly owned and operated by the Chinese Communist Party.
Unipec reportedly purchases oil across the globe and then apparently sells it through its Sinopec Marketing subsidiary.
According to Unipec’s LinkedIn page:
UNIPEC America, Inc. is a wholly owned subsidiary of China International United Petroleum and Chemical Co. Ltd., better known as UNIPEC. UNIPEC is the trading arm of SINOPEC, currently No.2 largest company on the Global Fortune 500 list in 2019.
Biden’s son, Hunter Biden, reportedly has financial ties to the CCP-owned Sinopec. A private equity firm Hunter Biden cofounded reportedly purchased a nearly $2 billion stake in Sinopec Marketing in 2015.
As the Free Beacon reported:
Biden is connected to Sinopec through BHR Partners, a private equity firm he cofounded in 2013. BHR bought a $1.7 billion stake in Sinopec Marketing in 2015. Biden at one point owned a 10 percent stake in BHR Partners through his wholly owned firm, Skaneateles, LLC.
It is unclear whether the younger Biden still has a financial stake in BHR Partners. Biden’s White House has repeatedly claimed throughout 2019 and 2020 that Hunter Biden was out of the equity firm, but Chinese corporate records show he still has a stake in the company.
(Excerpt) Read more at breitbart.com ...
But Trump was Impeached for a phone call………
I’m beginning to think this is all blatant and intentional. /sarc
Biden was selected by the Chinese to be the Democrat nominee as he has been bought lock, stock and barrel by them.
I thought everybody knew this by now.
10% for the Big Guy. You know the lamestream press will cover it up.
.
Now you know why he spends his time telling stories about Corn-Pop and how his father in 1950 admired gay men making out in the street on Saturday during the day.
.
China Mitch gets his cut.
The coup happened. Their brazenness is a tell. They simply dont care what we think or know.
Well, let's see, Brent crude is currently $104 a barrel so that's a cool $98,800,000 deal. Not bad for a day's work. The Biden crime family is no doubt regretting not helping Trump fill the strategic reserve at this point.
America LAST!
Nope.
National Review and the Wall Street Journal’s President.
The coup happened. Their brazenness is a tell. They simply dont care what we think or know.
/\
In fact,
they enjoy our protestations.
They are sadistic,
vile
evil.
.
Jmh observation.
At ten percent for the ‘big guy’ slojoe will buy another property soon.
Nothing to see here. But let’s rehash how Trump was trying to enrich himself by offering his golf resort for the G7 summit at cost. Maybe they can impeach him one more time before the midterms just for funsies.
WHERE IS THE IMPEACHMENT???
Well i’d have to agree with that.....they’re likely enjoying the backlash.
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