US Oil Reserve Sale To China A Bogey?

Even a slick-talking Bogart couldn't justify Biden’s reported sale of 1M barrels of oil from USA’s Strategic Petroleum Reserve to the one communist Chinese gas giant believed to be closely linked to son Hunter …

Especially as our pump prices are still about double from a year ago, Power of the Future Dan Turner was blunt in saying any such move by the Biden Administration would have been “outrageous.” He quipped: “… of all the gin joints in the world, of oil companies in the world, we chose to use the one company in China that Hunter Biden is a part-owner and investor.” Turner, btw, argued releasing strategic petroleum reserves, even in the US as a hedge on rising prices, “is a terrible idea” to begin with since it defeats the reserve’s national security purpose.

Yet, Turner added: “The next step [i.e., question] is [to ask] why are we selling [our oil] to the communist Chinese and then the third step [or question] is again, of all the oil companies that are brokering this deal, the one that the president’s son is a part-owner investor? I don’t know if he profited [or] got a commission. But, it’s just beyond curious & worthy of a congressional investigation that his firm had a hand in this outrageous sale of our strategic reserves.” Ok. But, wouldn’t Joe love to punt the suggested inquiry over to yet another congressional committee where is will go nowhere as if on a slow boat to China as usual?

Davd Soul