On Wednesday, it was reported that the Biden administration released millions of barrels of oil from America’s Strategic Petroleum Reserves which were subsequently sent to China, India, and Europe. Soon after, it became clear that the Biden government sold America’s oil directly to Hunter Biden’s company.
This story was not covered by ABC News’ evening news. World News Tonight, CBS Evening News & NBC Nightly News spent their Thursday evening shows wasting viewers’ time on Spain tennis player Rafael Nadel withdrawing from Wimbledon due to an injury, climate change scaremongering over Jamestown allegedly sinking into the ocean, and security camera footage of a man stealing an airplane.
The Post Millennial confirmed the truth and Reuters also reported that it was back in fact. “More that five million barrels of crude oils were supposed to be used by the US in order to reduce skyrocketing oil prices at the pumps were instead shipped to European countries, India, and China.”
One million barrels were sold by the Biden administration to China’s state-controlled giant of gas that still purchases Russian oil.
The Energy Department stated that the move would support American consumers and counter “Putin’s rise in prices.”
Via @CAndersonMO https://t.co/f6vNAeSWYf
— Washington Free Beacon (@FreeBeacon) July 7, 2022
The Post Millennial says otherwise. “the Biden administration announced that 950,000 Strategic Petroleum Reserve barrels would be sold to Unipec, the trading arm of the China Petrochemical Corporation. This company, formerly known as Sinopec was now wholly owned and controlled by the Chinese government. according to the Washington Free Beacon.
According to The Post Millennial, a co-founded private equity company, Hunter Biden, bought a stake at Sinopec in 2015. It was worth $1.7 million.
It was instead used to reduce gas prices in the United States by using 950,000 barrels. Instead, it was sent to China.
Speaking to the Washington Free Beacon, Power the Future founder Daniel Turner railed against the Biden administration “We were informed that Biden would release the oil to America to be used for gasoline. They are lying straight away to the American public. “What they say they did and the things they did is not even close to each other.”
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