BUSTED: Joe Biden Secretly Sold 1 Million Barrels of US Oil to Communist China via Hunter Biden

Fact checked
Joe Biden sold 1 million barrels of oil to China via son's private firm

Joe Biden secretly sold over one million barrels of US oil from America’s Strategic Petroleum Reserves to China, thanks to a shady deal set up by his son Hunter Biden.

The barrels were sent to a Chinese energy company in which President Joe Biden’s son, Hunter Biden, had a stake as recently as 2015.

Thepostmillennial.com reports: On Wednesday, Reuters revealed that more than five million barrels of crude oil that were expected to be put into use in the US to bring down skyrocketing prices at the pump were instead sent to European nations, India, as well as China.

In April, the Biden administration announced that 950,000 Strategic Petroleum Reserve barrels would be sold to Unipec, the trading arm of the China Petrochemical Corporation. Formerly known as Sinopec, this company is wholly owned by the Chinese government, according to the Washington Free Beacon.

The sales of these barrels, as well as others as part of the sales of 30 million barrels in total, “will support American consumers and the global economy in response to Vladimir Putin’s war of choice against Ukraine,” the Department of Energy said in a statement, as well as “address the pain Americans are feeling at the pump as a result of Putin’s Price Hike and to help lower energy costs.”

Speaking with the Washington Free Beacon, Power the Future founder Daniel Turner blasted the Biden administration 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.”

Turner noted that the decision to sell to Unipec highlights the Biden family’s “relationship with China.”

In 2015, a private equity firm cofounded by Hunter Biden bought a stake in the Sinopec Marketing valued at $1.7 million.

According to the Washington Free Beacon, “Sinopec went on to enter negotiations to purchase Gazprom in March, one month after the Biden administration sanctioned the Russian gas giant.”

In addition, Unipec has stated it would purchase “no more Russian oil going forward” once “shipments that have arrived in March and due to arrive in April” were fulfilled, but it was revealed that in May, the company “significantly increased the number of hired tankers to ship a key crude from eastern Russia,” according to Bloomberg.

11 Comments

  1. BIDEN OIL MANAGEMENT ( $15-$20 GAS ANYONE?)

    US, Allies Discussing Trying to Cap Russian Oil at $40-$60 Per Barrel

    Experts are warning the plan won’t work and trying to implement it could bring oil prices over $300 per barrel
    by Dave DeCamp Posted on July 6, 2022Categories NewsTags Russia

    Bloomberg reported Wednesday that the US and its allies have discussed trying to cap the price of Russian oil around $40-$60 per barrel as the West wants to limit Russia’s profits without sending the price of oil even higher. Oil is currently hovering around $100 per barrel on the global market.
    But the US-proposed plan is doomed to fail as it requires Moscow’s cooperation, and experts are warning if Russia retaliates by cutting production, prices could skyrocket. Analysts at JPMorgan Chase said in the worst-case scenario, oil prices could soar to $380 per barrel.

    • They want the price up right now. With war coming they want diesel to be as profitable as possible to every government on earth. Oil is privately owned. Except in Venezuela maybe. Secrecy rules.

  2. But, but, but, Joey only got 10% of this $95,000,000 deal.
    Chicoms needed the gas for their tanks.

    • No they do not. They are on good terms with Russia and Kazakhstan etc Biden wanted them to buy it so he could say we’ve got none That’s all. They thought they could kerp it secret. And Bush actually legally empowered Russia to have total control over the oil industry in his geopolitical region. Bush set it up.

  3. IT IS TREASON & ‘AIDING & ABETTING’ TO SELL OUR LAND OR RESOURCES TO OUR ENEMY…Harry Reid and his son were attempting to do the same thing by selling the Bundy Ranch to China…Our servants think Our Resources belong to them to do “whatever”…We Know the Treason that has been taking place for a Very long time “within” Our Government…

  4. Elections have consequences. Having a blackmailed satanic pedo in office can ruin Countries..

Leave a Reply

Your email address will not be published.




This site uses Akismet to reduce spam. Learn how your comment data is processed.