U.S. House Oversight Committee Republicans are demanding answers from Energy Secretary Jennifer Granholm over her agency’s sale of oil from the Strategic Petroleum Reserve (SPR) to a Chinese energy company partially owned by President Joe Biden’s son Hunter Biden’s private equity firm.
“Recently, DOE sold 900,000 barrels of oil to Unipec America, a subsidiary of Sinopec, a company owned by the Chinese Communist Party. The lawmakers are calling on Secretary Granholm to provide an immediate briefing and all documents and communications related to the SPR sale and Hunter Biden’s financial involvement,” Oversight Committee Republicans report.
“The decision to sell to Unipec raises questions about why the Biden Administration is selling oil from the SPR to China, especially when the sale may enrich Hunter Biden, the President’s son,” wrote the Republican lawmakers in a letter to Granholm.
“DOE records show that in April 2022 the Department sold almost $100 million worth of oil to Unipec a subsidiary of Sinopec, a Chinese oil company. According to documents reviewed by Committee Republicans and supported by media reports, one of Hunter Biden’s private equity firms, BHR, invested $1.7 billion in Sinopec in 2015. It appears that Hunter Biden still maintains a financial interest in BHR, raising serious questions about the motivation behind selling oil from the SPR to Sinopec and whether DOE was aware of Hunter Biden’s financial stake,” write the representatives.
“Committee Republicans previously wrote to Secretary Granholm on May 26, 2022 requesting a briefing on the DOE’s plan to replenish the SPR given that its purpose is to be a stockpile for times of national emergency. DOE failed to provide a briefing or any information related to the SPR. It is critical for Americans to know more about DOE’s recent sales activity and whether the President’s son continues to benefit financially from this Administration’s decisions,” Committee Republicans wrote in a statement.
“In order to ensure the American people that DOE and the Biden Administration are properly managing the sale of critical assets from the SPR and not further enriching the Biden family, we request a briefing and documents related to this matter,” the letter reads.
“The SPR was created so the U.S. would have a stockpile of crude oil supply to be used in the case of an emergency. It was never intended to provide oil to adversaries. The American people deserve to know more about the DOE’s recent sales activity and whether the President’s son benefited financially.”
The opinions expressed in this article are those of the author and do not necessarily reflect the positions of American Liberty News.
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I won’t hold my breath as to anything coming of it
So long as the democrats are holding the majority in congress nothing will ever come from any of this, most likely not even an investigation. I have to wonder if the American people will wake up to their actions before it’s too late to save our republic? Some times I have to doubt it.
Business records from China’s National Credit Information Publicity System continue to identify Skaneateles as a 10% owner in BHR, and U.S. business records have listed Hunter as the only owner of Skaneateles. China owns the bidens.Never forget lead painted toys, fxxxed up dry wall,poison pet food, the virus,this is what America got fro China.
Why are we selling oil from our SPR to ANYONE who’s not a US producer?
And yes, tell me why we would sell oil to Sinopec, whether or not Hunter Biden is an investor.
Treason is what’s it is . This is so criminal . It is only the tip of the iceberg and it will not end there. Hopefully it will implicate the news people and all others they are trying to protect. Time to build a bigger prison
Selling our reserve oil is a impeachable crime. Joe Biden & hunter &James Biden. Where has any common sense gone, This Democrat group are so hellbent on destroying our Country for coming a dictatorship.
Hope to high heaven the voters stop the dems next time around!
The people of this country knew they President Biden was taken oil out of the reserve, but the people didn’t know that it was going to China or any other Communist country. This ought to show that something isn’t right with what is going on with the Biden’s. We shouldn’t be giving our reserves to anybody other than the American people. These are some of the faults of the American people not having a say so about what goes on in our country. We vote on people to take care of us, but we have no say so about anything that gets passed or not passed. Maybe we should have the right to vote yes or no on all issues, that way we know for sure we voted for what we all wanted not what the President, Congress, or the Senate wants.
Examine SROR abuse since Biden took office
“,,, whether DOE was aware of Hunter Biden’s financial stake,” Just by saying this, Republicans have given the DOE an out clause. They are going to play dumb and say they were totally unaware of hunter’s financial link to this company.