Joe Biden Sells Close to 1 Million Barrels of Oil from Strategic Reserve to Chicom Gas Company

According to a report from the Washington Free Beacon, the Biden regime sold 950,000 barrels of oil from the United States Strategic Petroleum Reserve to Unipec back in April. 

Unipec is the trading arm of Sinopec, a company owned and run by the Chinese Communist Party. 

Joe Biden’s son, Hunter Biden, allegedly has financial connections to Sinopec. A private equity firm that Hunter Biden helped found reportedly bought a roughly $2 billion stake in Sinopec Marketing in 2015. 

As the Free Beacon observed:

Biden is connected to Sinopec through BHR Partners, a private equity firm he cofounded in 2013. BHR bought a $1.7 billion stake in Sinopec Marketing in 2015. Biden at one point owned a 10 percent stake in BHR Partners through his wholly owned firm, Skaneateles, LLC.

It’s unclear if Biden still holds a financial stake in BHR Partners. The Biden regime has claimed on multiple occasions that during the timeframe of 2019 to 2020 Hunter Biden was not involved with the equity firm. 

However, Chinese corporate records demonstrate that Hunter Biden still holds a stake in the company. 

It’s still up in the air if Hunter Biden is still involved with this Chinese company. Nevertheless, it still calls into question the Biden family’s connections to the CCP.

We live in a time when politicians no longer advance the American interest and work to undermine America by cooperating with adversarial actors. Previous generations of American leaders would be rolling in their graves after seeing how the Biden regime operates. 

Thankfully, America is still a republic that allows voters to relieve the Biden regime of the burden of holding higher office. Hopefully, American voters rectify this political matter in the 2024 elections.