Web21 Jul 2024 · Nineteen members of the House Committee on Oversight and Reform sent a letter to Energy Secretary Jennifer Granholm asking why the DOE sold nearly 1 million barrels of oil from the SPR to Unipec America, the American subsidiary of a Chinese company, Sinopec. The private equity firm, BHR Partners, founded by the president’s son, … Web8 Jul 2024 · U.S. SPR release were exported to Europe and Asia last month, including top US geopolitical nemesis in the global arena, China, even as U.S. gasoline and diesel prices hit …
U.S. House passes bill banning exports of reserve oil to China
Web13 Jul 2024 · Sen. Ted Cruz (R-TX) proposed legislation on Wednesday that would block the United States from selling Strategic Petroleum Reserve oil to China, Russia, North Korea, and Iran as President Joe Biden has drained the SPR to the lowest level in decades, Breitbart News learned exclusively. Web12 Jan 2024 · The House Energy and Commerce Committee’s ranking Democrat, Frank Pallone of New Jersey, said Thursday that sales from the reserve accounted for only 2% of China’s purchases of U.S. oil last year. A broader ban on all sales of U.S. oil — not only from the reserve — to China, Russia, Iran and North Korea would be more effective, Pallone ... cnn is unwatchable
Did Biden Sell Millions of Barrels of Oil to China? Snopes.com
Web12 Jan 2024 · The House on Thursday passed a bill to ban the sale of oil released from the Strategic Petroleum Reserve (SPR) to China as the chamber capped off its first full week … Web10 Nov 2024 · The supplies may just be exported away like last month. About 1.6 million barrels of crude from the U.S. Strategic Petroleum Reserve -- a monthly record -- was shipped out in October, according to ... Web1 Sep 2024 · According to DOE, the Biden Administration recently sold almost a million barrels of SPR oil to Unipec America, a subsidiary of Sinopec, a company owned by the … cnn is what channel on direct tv