If you needed any more proof that Joe Biden and the people running his administration hate their own people and the country they run, the regime has made that perfectly clear once again.
While American consumers struggle under historically high gas and diesel fuel prices thanks to policies that the regime put in place, our puppet president is authorizing the sale of oil to Europe and to our No. 1 global competitor, China.
What’s more, the oil China got was sold to a company that is linked to Joe Biden’s corrupt son, Hunter Biden, according to a report by the Washington Free Beacon. And worse, the outlet reported, Biden’s radical counterrevolutionary handlers are selling the oil from our strategic stockpile, which will severely hamper our ability to respond to a national emergency (a big war, in other words):
The Biden administration sold roughly one million barrels from the Strategic Petroleum Reserve to a Chinese state-controlled gas giant that continues to purchase Russian oil, a move the Energy Department said would “support American consumers” and combat “Putin’s price hike.”
Biden’s Energy Department in April announced the sale of 950,000 Strategic Petroleum Reserve barrels to Unipec, the trading arm of the China Petrochemical Corporation. That company, which is commonly known as Sinopec, is wholly owned by the Chinese government. The Biden administration claimed the move would “address the pain Americans are feeling at the pump” and “help lower energy costs.” More than five million barrels of oil released from the U.S. emergency reserves, however, were sent overseas last month, according to a Wednesday Reuters report. At least one shipment of American crude went to China, the report said.
The regime also claimed that the Unipec sale would “support American consumers and the global economy in response to Vladimir Putin’s war of choice against Ukraine” and combat “Putin’s price hike.”
But as that war continues to rage, Unipec has upped its purchases of discounted Russian oil, meaning, the company is making bank by buying cheaper oil to begin with, while Russia continues to enjoy a massive revenue stream in spite of U.S. and Western ‘sanctions.”
In May, for example, the company “significantly increased the number of hired tankers to ship a key crude from eastern Russia,” according to a report by Bloomberg. That decision was made about a month after Unipec announced it would not purchase “Russian oil going forward” once “shipments that have arrived in March and due to arrive in April” had been fulfilled.
The regime’s “decision to sell barrels from the country’s Strategic Petroleum Reserve to a Chinese conglomerate comes as the American public increasingly sours on Biden’s energy policies,” the Free Beacon added. “According to a January Gallup poll, roughly three in four Americans are not satisfied with the federal government’s national energy policy, the highest level in roughly two decades.”
Daniel Turner, founder of the group Power the Future, blasted our dementia president for selling “raw materials to the Communist Chinese for them to use as they want.”
“We were assured Biden was releasing this oil to America so it could be refined for gasoline to drive down prices at the pump. So right off the bat, they’re just lying to the American people,” Turner told the Washington Free Beacon. “What they’re saying they did and what they did are not remotely related.”
In addition, Turner noted that the regime’s sale highlights the Biden family’s “relationship with China,” adding that first son Hunter Biden, one of the most corrupt presidential sons ever, is tied to Sinopec.
“In 2015, a private equity firm he cofounded bought a $1.7 billion stake in Sinopec Marketing. Sinopec went on to enter negotiations to purchase Gazprom in March, one month after the Biden administration sanctioned the Russian gas giant,” the Free Beacon added.
The snakes running Biden’s regime hate our country as founded and are trying to destroy it, as is obvious.
Sources Include:Submit a correction >>