The Biden administration sold 950,000 petroleum reserve barrels to a Chinese gas company founded by a private equity firm Hunter Biden has a stake in.

Hunter Biden owns $1.7 billion worth of the private equity company which funded the Chinese gas company.

Over 5 million barrels of petrol from U.S. emergency reserves were sent overseas last month, according to a report.

The Chinese state-controlled gas giant continues to purchase Russian oil, a move the Energy Department said would “support American consumers” and combat “Putin’s price hike.”

The Biden administration claimed this action would “address the pain Americans are feeling at the pump” and “help lower energy costs.”

Unipec, commonly known as Sinopec, is the trading arm of the China Petrochemical Corporation. The Biden administration claimed the Unipec sale would “support American consumers and the global economy in response to Vladimir Putin’s war of choice against Ukraine” and combat “Putin’s price hike.”

The decision came one month after Unipec said it would purchase “no more Russian oil going forward” once “shipments that have arrived in March and are due to arrive in April” were fulfilled. Unipec continues to purchase Russian oil.The White House did not respond when requested to comment.
Its decision to sell barrels from the country’s Strategic Petroleum Reserve to a Chinese conglomerate comes as the American public increasingly sours on Biden’s energy policies.

According to a January Gallup poll, roughly 75% of Americans are not satisfied with the federal government’s national energy policy, the highest level in roughly two decades.

Daniel Turner, founder of ‘Power the Future’ admonished Biden 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. What they’re saying they did and what they did are not remotely related,” he stated.

Turner also said the decision highlights the Biden family’s “relationship with China.” Biden’s son, Hunter Biden, is tied to Sinopec.

In 2015, a private equity firm Hunter Biden co-founded earned him a mega $1.7 billion stake in Sinopec Marketing.

Sinopec proceeded to enter negotiations purchased by Gazprom in March, just one month after the Biden administration sanctioned the Russian gas giant.

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Biden campaigned heavily against the oil and gas industry in 2020, promising to “end fossil fuel.”

The President canceled the Keystone XL pipeline and implement an embargo on new gas leases on federal land during his first month in office.

Since then, gas prices have reached record highs.

The White House is reassuring Americans that they need to pay high gas prices to support the “liberal world order.”

“What do you say to those families that say, ‘Listen, we can’t afford to pay $4.85 a gallon for months, if not years?'” CNN anchor Victor Blackwell asked Biden’s economic adviser, Brian Deese.

“This is about the future of the liberal world order and we have to stand firm,” Deese responded.

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