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 ...
Tucker cares, and is not bashful.
they’re likely enjoying the backlash.
/\
Yup.
There was zero reason to give CCP 10% of our strategic oil reserve
not like it’s gonna make us beyond the screwed we already are gas wise or militarily wise with our crotch bandaged vac immune degraded rainbow and demoralized patriot remenant troops.
It’s purely salt in the wound.
Sadistic
Vile
Evil.
Brandon makes Richard Nixon look like Snow White.
How can Biden do this? Aren’t there any restrictions and requirements, or oversight? Not that he did it on his own. He must have had considerable support and guidance .
I thought that Russia was selling oil to China at a reasonable price?
IMHO it’s highly unlikely that Joe really knows exactly what is being said and done in his name. Perhaps a little in the broad sense but not to the detail level. And he certainly isn’t involved in any meaningful way in the conception, planning, and execution of the administration’s agenda.
He is just the demented, imbecilic front man sent out to take the flak and derision for all the insane policies being implemented by the ultra-left crazies in his name.
Not that he would object or charter a more moderate course if he had all his faculties - his history, hypocrisy and personal antics show clearly what a horribly soulless, unethical, perverted, self serving person he truly is.
But having Joe as a wind-up buffoonish front man serves the purpose of those working to dismantle the USA and build their “liberal new world order” and they don’t really care what happens to Joe.
Meanwhile the few people close to Joe who might be expected to protect him in a normal family are happy to go along while they enjoy the luxury and profit that comes with being the consorts of a US president.
The Strategic Reserve oil liquidation to overseas foreign interests is one way for the Bidens and other Washington corruptocrats to get kick backs and bribe money from the people who receive the oil. I suspect that huge money is being skimmed by the well connected political class on the Strategic Reserve oil transactions. The Strategic Reserve oil sales are released under an emergency authorization and there is comparably very little in the way of financial controls in these transactions, especially any sales to foreign entities. It’s almost as if the Bidens goaded the Russians into invading Ukraine to manufacture a Wag the Dog emergency so they could blame bad news on Putin while robbing the country blind
You left out perverted
Nothing to see here. Move along.
Open for all to see and he is still in the presidents seat with his coup regime controlling this country, the GOP are sitting back whining in the media and going about their daily business everyday as if nothing is wrong
I think there would be public hangings instead.
Joe’s last act as president will be to pardon Hunter and the rest of his crime family.
Who was the check made out to? What government agency received payment for our strategic oil?
Marjorie Taylor Green has filed at least 3 resolutions of impeachment against Biden. Be interesting to see where this goes.
Only a fool is surprised by this. But this is who the people wanted to replace President Trump.
The democrat party work in action amazing what 81 million votes can do.
BHR was founded by Robert Hunter Biden, Chris Heinz, and Taggart Mitt Romney. The company owns a $2 billion stake in the Chinese oil giant Sinopec. A billionaire Chinese General, who ‘invested’ $3.5 billion in BHR, was unavailable for comment - or anything else, as he is now an unperson, both in China and in the enemedia.
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