Burner02
4 years ago
I am pretty sure this is not being reported by the left-wing news outlets.

Biden Admin Sold Nearly 1 Million Barrels Of Oil To Chinese State-Owned Company Tied To Hunter Biden

By Tim Pearce, Jul 7, 2022 - DailyWire

The Biden administration sold close to one million barrels of oil from the United States’ strategic reserve to a Chinese company that one of his son’s equity companies once bought a $1.7 billion stake in.

In March, the Energy Department announced that it was releasing 30 million barrels of crude oil out of the U.S. Strategic Petroleum Reserve. The “emergency sale” was conducted to “provide a wartime bridge that will support American consumers and the global economy in response to Vladimir Putin’s war of choice against Ukraine.”

The Energy Department received 126 bids, and the department chose 12 to receive a portion of the offering. One of those 12 companies was Unipec America, Inc. and it was chosen to receive 950,000 barrels of crude oil in the “price-competitive sale.”

While the sale went largely unnoticed at the time, The Washington Free Beacon pointed out on Thursday that Unipec is a branch of the China Petrochemical Corporation, also known as Sinopec and controlled by the Chinese government. The revelation comes after a Wednesday Reuters report revealed that the Biden administration had recently released five million more barrels of crude oil from the strategic reserve to other countries. China received about one million barrels of the latest release.

Sinopec has a prior history with the Bidens. In 2013, Hunter Biden co-founded the private equity firm BHR Partners. In 2015, BHR acquired a $1.7 billion stake in Sinopec Marketing. In 2017, Biden took a minority stake in BHR, purchasing a 10% stake through an LLC he solely owned called Skaneateles.

Last year, an attorney for Hunter Biden told The New York Times that Hunter “no longer holds any interest, directly or indirectly, in either BHR or Skaneateles.” As recently as March, records in China’s National Credit Information Publicity System showed that Skaneateles still retained its 10% stake in BHR. Business records in Washington, D.C., still listed Hunter as the sole owner of Skaneateles at the time.

It is not clear whether the Chinese records were accurate or needed to be updated.

The revelation about the March sale to Sinopec has already began sparking calls for investigation. Daniel Turner, the executive director of the energy advocate group Power The Future, said that the March deal warrants investigation.

“The Biden Administration sent critical resources to the communist Chinese, including one firm which has the president’s own son Hunter as an investor, at the same time Americans are struggling at the pump,” Turner said in a statement. “A special prosecutor should be appointed and Congress needs to investigate because the American people deserve the truth and they’re not getting it from the White House.”



Good to know Brandon operates on the up and up and is not compromised.
JGKAMIN
4 years ago
With 10% going to the Big Guy nonetheless…
DrafterX
4 years ago
That Bassard..!! 😟
RayR
4 years ago
Joey B elicits praise from Chicom State Meda.

My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril.

Bring down the price you are charging at the pump to reflect the cost you’re paying for the product. And do it now.

— President Biden (@POTUS) July 2, 2022




Chinese Commie State journalist responds...

Now US President finally realized that capitalism is all about exploitation. He didn’t believe this before.

— Chen Weihua (陈卫华) (@chenweihua) July 2, 2022

Sunoverbeach
4 years ago
Turning vegan is a big missed steak.
Dg west deptford
4 years ago

Joey B elicits praise from Chicom State Meda.




Chinese Commie State journalist responds...

RayR wrote:



[chef]

Good thing the pot stirs itself

Our Chicom complicit media may prove Benny right "it's not America anymore "

That statement is certainly true of our MSM
bgz
  • bgz
  • Herf-A-Holic
4 years ago

[chef]

Good thing the pot stirs itself

Our Chicom complicit media may prove Benny right "it's not America anymore "

That statement is certainly true of our MSM

Dg west deptford wrote:



It's more a combo thing...

3rd law of Bizarro World... for every form of batsh*t crazy there's an equal and opposite form of batsh*t crazy.
MACS
4 years ago
Where's the lefties to denounce this?

If it was Trump... they'd all be going ballistic. But crickets is what I expect when it's their guy.
borndead1
4 years ago
Hunter will just spend that money on drugs. His family should stop enabling him and stage an intervention.
Brewha
4 years ago
Hello all. Brewha, noted lefty, here to weigh in on this:

The Daily Wire???

😂
bgz
  • bgz
  • Herf-A-Holic
4 years ago
I have to take anything the RayNard crowd posts with a grain of salt... their minds have been tainted.

It's got a weird sort of contagiousness to it, it's weird.

Any time I try to search it, it's all the same sh*tty sites they post from, so you can't really cross reference anything.

They just preface it all with "mainstream media isn't covering this"...

Gee, I wonder f*cking why.
HockeyDad
4 years ago
If CNN or MSNBC didn’t report it, it didn’t happen.
bgz
  • bgz
  • Herf-A-Holic
4 years ago

If CNN or MSNBC didn’t report it, it didn’t happen.

HockeyDad wrote:



Perfectly legit hyperbole for believing all the stupid sh*t you read on the interwebs.
RayR
4 years ago
HD is correct, lefties say everybody on cable news except CNN and MSNBC are lying far-right-wing extremists.
frankj1
4 years ago

HD is correct, lefties say everybody on cable news except CNN and MSNBC are lying far-right-wing extremists.

RayR wrote:


no they don't
It is automatically incorrect when you speak for them
RayR
4 years ago

no they don't
It is automatically incorrect when you speak for them

frankj1 wrote:



That's what Brewha say.
No?
MACS
4 years ago

If CNN or MSNBC didn’t report it, it didn’t happen.

HockeyDad wrote:



Exactly... and since they basically work for the DNC... they won't. So Brewhahahaha can't believe it. No matter how factual it is.
Mike3316
4 years ago

Hunter will just spend that money on drugs. His family should stop enabling him and stage an intervention.

borndead1 wrote:


Why would they stage an intervention. HE'S the conduit/bagman through which all the family's laundered money runs. They need to keep him brain dead and numb so he'll do just as he's told.
Speyside2
4 years ago
It is easy to find facts that some strategic oil reserve has been sold off. It is easy to find what countries it has been sold to. I have only found articles stating strategic oil reserve has been sold to China. Many are referencing a Reuters article incorrectly. The Reuters article never mentions China, but rather Asia. Could someone please post a link to an article that is not just an opinion article and gives out verifiable facts? I imagine I am wrong and have just not found the information source.
bgz
  • bgz
  • Herf-A-Holic
4 years ago
Doesn't exist Spey. I looked for one.
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