President Joe Biden recently released tens of millions of barrels of oil from America’s strategic stockpile. As The Free Press reported, 5 million barrels of that were shipped overseas.
The Washington Free Beacon reported on Friday that the company, Unipec America, was actually identified among a dozen recipients of 30 million barrels Biden released from the Strategic Petroleum Reserve in April. Unipec got 950,000 barrels.
According to LinkedIn, Uinpec is the trading arm of Sinopec, an energy firm owned by the Chinese communist government.
Hunter Biden is linked to Sinopec because a private equity firm he created bought a $1.7 billion stake in Sinopec Marketing in 2015, the Daily Wire reported. The outlet noted that Chinese records showed Biden was still connected to a company that bought part of the private equity firm as of March.
When President Biden began draining the Strategic Petroleum Reserve in April, the Energy Department asserted the oil sales would “support American consumers and the global economy in response to Vladimir Putin’s war of choice against Ukraine.”
“The Biden Administration has taken significant steps to address the pain Americans are feeling at the pump as a result of Putin’s Price Hike and to help lower energy costs,” the department added in a press release.
And if Joe’s son and his business associates profit in the process, so be it.
Daniel Turner, executive director of an energy group called Power The Future, denounced the deal.
“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, according to the Daily Wire.
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“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.”
In separate comments to the Free Beacon, Turner added, “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. What they’re saying they did and what they did are not remotely related.”