Biden Sold Oil From Emergency Reserves To Chinese Gas Giant Tied To His Scandal-Plagued Son
On Wednesday, Reuters revealed that more than 5 million barrels of oil from the nation’s Strategic Petroleum Reserves were sent overseas as part of President Joe Biden’s latest release initiated in March.
Some of that oil went to India, some to the Netherlands, and some was sent to China (Sinopec) where the president’s son has engaged in years of potentially criminal business activity embroiling the Biden White House in scandal since the 2020 campaign.
On Thursday, the Washington Free Beacon 1 published new details about the Chinese oil shipments from the U.S. emergency reserves that Biden promised were tapped to “ease the pain that families are feeling” in the United States from high energy prices.
1. https://freebeacon.com/national-security/biden-sold-a-million-barrels-from-us-strategic-petroleum-reserve-to-china-owned-gas-giant/
https://thefederalist.com/2022/07/08/biden-sold-oil-from-emergency-reserves-to-chinese-gas-giant-tied-to-his-scandal-plagued-son/
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During Trump's tenure the strategic oil reserves were built up to goodly amounts. Unfortunately, during these trying times of high gasoline prices, President Joe Biden has used those reserves for his/Hunter's own profit (it seems) . And yes, Hunter Biden has direct ties to Sinopec.
Joe Biden should be impeached.
@earl-of-trumps saidI have 4 babies at my house and some diapers, and some baby formula. I am going to sell it, but for reasons other than bringing more income into our house. Can anyone give me an example of how this is a good idea?
Biden Sold Oil From Emergency Reserves To Chinese Gas Giant Tied To His Scandal-Plagued Son
[i]On Wednesday, Reuters revealed that more than 5 million barrels of oil from the nation’s Strategic Petroleum Reserves were sent overseas as part of President Joe Biden’s latest release initiated in March.
Some of that oil went to India, some to the Netherlands, a ...[text shortened]... en has used those reserves for his/Hunter's own profit (it seems)
Joe Biden should be impeached.
@earl-of-trumps saidWhat a bunch of ridiculous BS. Biden doesn't choose who to "sell oil" from the SPR; it is sold in auctions to registered companies who are then free to do with it what they please. That a small amount would go to foreign companies is hardly surprising or shocking and effects the world price just the same as if it was sold to US companies. https://www.msn.com/en-us/money/markets/why-u-s-petroleum-reserve-oil-went-overseas/ar-AAZmhlk?ocid=finance-verthp-feeds&cvid=44b5aa35d5ba4b27826ac1428499824f
Biden Sold Oil From Emergency Reserves To Chinese Gas Giant Tied To His Scandal-Plagued Son
[i]On Wednesday, Reuters revealed that more than 5 million barrels of oil from the nation’s Strategic Petroleum Reserves were sent overseas as part of President Joe Biden’s latest release initiated in March.
Some of that oil went to India, some to the Netherl ...[text shortened]... fit (it seems) . And yes, Hunter Biden has direct ties to Sinopec.
Joe Biden should be impeached.
Gas prices in the US have been falling for almost a month, BTW. https://www.cnet.com/personal-finance/gas-prices-drop-further-how-low-could-they-go-this-summer/
@no1marauder
We'll see when the house investigates this.
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House Oversight and Reform Ranking Member James Comer (R-KY) told Breitbart News in an exclusive statement that when Republicans take control of the House, they plan on investigating reports that President Joe Biden sold nearly one million barrels from the U.S. Strategic Petroleum Reserve (SPR) to a Chinese state-owned gas company that has financial ties to a private equity firm cofounded by Hunter Biden. ... (Breitbart)
https://www.breitbart.com/politics/2022/07/08/[WORD TOO LONG]/
@earl-of-trumps saidNo surprise that IF the Republicans take the House they'll waste their time and the taxpayers money on such folly.
@no1marauder
We'll see when the house investigates this.
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[i]House Oversight and Reform Ranking Member James Comer (R-KY) told Breitbart News in an exclusive statement that when Republicans take control of the House, they plan on investigating reports that President Joe Biden sold nearly one million barrels from the U.S. ...[text shortened]... -demands-testimony-documents-from-biden-officials-on-oil-reserve-sale-to-hunter-linked-chinese-firm/
And gullible fools like yourself will eat it up rather than accepting the simple facts like the article I cited outlined.
@earl-of-trumps saidAre you going to put Hillary in jail for nothing, too?
@no1marauder
We'll see when the house investigates this.
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[i]House Oversight and Reform Ranking Member James Comer (R-KY) told Breitbart News in an exclusive statement that when Republicans take control of the House, they plan on investigating reports that President Joe Biden sold nearly one million barrels from the U.S. ...[text shortened]... -demands-testimony-documents-from-biden-officials-on-oil-reserve-sale-to-hunter-linked-chinese-firm/
That makes about as much sense.
@earl-of-trumps saidYou should go back to school and take economics again.
Biden Sold Oil From Emergency Reserves To Chinese Gas Giant Tied To His Scandal-Plagued Son
[i]On Wednesday, Reuters revealed that more than 5 million barrels of oil from the nation’s Strategic Petroleum Reserves were sent overseas as part of President Joe Biden’s latest release initiated in March.
Some of that oil went to India, some to the Netherl ...[text shortened]... fit (it seems) . And yes, Hunter Biden has direct ties to Sinopec.
Joe Biden should be impeached.
Biden released that oil to increase the global supply side of the equation, it doesn’t matter who you sold it to because it’s a closed economic loop and the more supply there is to meet demand the lower the price.
If China bought 5 million barrels of US oil then that’s money to your treasury and 5 million more barrels of oil in the supply chain, oh yeah and 5 million barrels that China won’t be paying Russia for.
Every now and then the mystery of how trump got elected in 2016 gets solved.
@no1marauder saidBiden just controls who buys Russian oil....except China and India.
What a bunch of ridiculous BS. Biden doesn't choose who to "sell oil" from the SPR; it is sold in auctions to registered companies who are then free to do with it what they please. That a small amount would go to foreign companies is hardly surprising or shocking and effects the world price just the same as if it was sold to US companies. https://www.msn.com/en-us/money/m ...[text shortened]... TW. https://www.cnet.com/personal-finance/gas-prices-drop-further-how-low-could-they-go-this-summer/
If his goal is to keep nations from buying oil from the Russians why isn't his goal to sell oil to nations that do not buy Russian oil?
The world price of oil is dropping because of recession fears.
Gas prices are only cheaper because of the price of oil. Oil refiners are still price fixing and raking in a lot of profit at our expense. Biden is helping the oil refiners continue price fixing by doing that.
@kevcvs57 saidStill defending rewarding Russia I see.
You should go back to school and take economics again.
Biden released that oil to increase the global supply side of the equation, it doesn’t matter who you sold it to because it’s a closed economic loop and the more supply there is to meet demand the lower the price.
If China bought 5 million barrels of US oil then that’s money to your treasury and 5 million more barrels ...[text shortened]... be paying Russia for.
Every now and then the mystery of how trump got elected in 2016 gets solved.
I thought you wanted Russia punished, not rewarded.
It matters who you sell oil to.
@suzianne saidHRC is guilty of collusion with a foreigner who used to work for a foreign intelligence agency with the intent to meddle in the elections.
Are you going to put Hillary in jail for nothing, too?
That makes about as much sense.
In other words, she was trying to dig up dirt on Trump and start an investigation into him with lies from that foreigner who used to work for a foreign intelligence agency and she did.
@metal-brain saidStill a Russian idiot who cannot even read plain English I see. Doesn’t Putin have special English courses for his trolls? No wonder your countries going down the economic and military toilet.
Still defending rewarding Russia I see.
I thought you wanted Russia punished, not rewarded.
It matters who you sell oil to.
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@averagejoe1 saidNobody wants to buy your babies, Joe. A baby, maybe, but not yours.
I have 4 babies at my house and some diapers, and some baby formula. I am going to sell it,
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@earl-of-trumps saidFAKE NEWS
Biden Sold Oil From Emergency Reserves To Chinese Gas Giant Tied To His Scandal-Plagued Son
[i]On Wednesday, Reuters revealed that more than 5 million barrels of oil from the nation’s Strategic Petroleum Reserves were sent overseas as part of President Joe Biden’s latest release initiated in March.
Some of that oil went to India, some to the Netherl ...[text shortened]... fit (it seems) . And yes, Hunter Biden has direct ties to Sinopec.
Joe Biden should be impeached.
https://www.quora.com/Is-Free-Beacon-a-credible-news-source