Townhall - Tipsheet - Sarah Arnold
Biden Admin Sold 1 Million Barrels of Oil to Chinese-Owned Company Tied To Hunter Biden
Sarah Arnold | Posted: Jul 08, 2022 3:30 PM
The Biden administration sold 950,000 barrels of oil from the U.S. Strategic Petroleum Reserve to Unipec, a Chinese-owned gas company linked to Hunter Biden.
Defending the move, the Biden administration claimed that it would “address the pain Americans are feeling at the pump,” claiming that it will “help lower energy costs.”
The CCP- owned company reportedly is tied to Hunter Biden, whose private equity firm he helped cofound, purchased a nearly $2 billion stake in the company in 2015.
The White House has repeatedly ignored questions surrounding Joe Biden’s involvement in the Chinese gas company, however records suggest Hunter still has a stake in it.
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READ MORE: https://townhall.com/tipsheet/saraharnold/2022/07/08/biden-admin-sold-1-million-barrels-of-oil-to-chineseowned-company-tied-to-hunter-biden-n2609937
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