Ted Cruz, Joe Manchin, launch bill to stop Biden from selling more US oil reserves to China

Click here to read the full article.

On Wednesday, a bipartisan team of legislators, including Democrat Senator Joe Manchin from West Virginia and GOP Senator Ted Cruz from Texas, introduced a bill that would prevent Joe Biden from selling off any more barrels of America’s Strategic Petroleum Reserve (SPR) to China called the Protecting America’s Strategic Petroleum Reserve from China Act.

Mancin said in a statement, “The Strategic Petroleum Reserve is a vital piece of our nation’s infrastructure that bolsters our energy and national security. While the reserve has been a policy Band-Aid for rising gas prices and the global unrest caused by Russia’s invasion of Ukraine, the reserve is, above all, meant to help the United States and our allies through difficult times, not to help China power its economy.” 

Manchin added, “This bill would ensure that we are not risking our energy security by selling our petroleum reserves to China, and the bipartisan support this legislation has received shows just how important it is for America to be energy secure and independent.”

In September 2021, Biden began selling off oil from SPR and “at least two million barrels of oil from the SPR to Unipec, an affiliate of the state-controlled China Petrochemical Corporation,” Fox reports. After Biden’s sales, the Communist country’s oil stockpiles surpassed those of the United States. 

The Protecting America’s Strategic Petroleum Reserve from China Act was supported by 13 Senate Republicans, three Democrats, and two Independents, Kyrsten Sinema of Arizona and Angus King of Maine.

Continue reading here.

Scroll down for comments and share your thoughts!


What do you think?

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

LIVE NOW: Special Live Q&A on the CCP Spy Balloon and Chinese Espionage

Leading US association for plastic surgeons lobbies for child sex changes at state level