Biden administration illegally sells oil to China, depleting Strategic Petroleum Reserve – Liberty Unyielding
The Biden administration sold a million barrels of oil from the Strategic Petroleum Reserve to a China-owned gas giant. This is bad for national security, because it enables China to build a stockpile to use during a future war against America s ally Taiwan. It leaves the U.S. with even less oil to cope with a future Russian oil embargo, which would create massive oil shortages and raise the price of oil as high as $11 per gallon. Biden s release of oil from the strategic reserve was illegal under the 1975 Energy Policy and Conservation Act, because it wasn t in response to an emergency.
I’m sure the story is more complicated than this, but it’s certainly terrible optics for Ol’ Joe.