Americans are losing their shirts trying to afford gas.
That doesn’t seem to bother the Democrats though.
And Joe Biden proved it by inking a deal with a communist owned company that is sure to make prices even worse.
It’s bad enough that Joe Biden shut down the Keystone pipeline.
And its criminal he is ending oil and gas leases by simply letting them run out. He’s even shutting down offshore drilling and forgoing drilling in lucrative oil and gas fields in oil rich states.
In fact, the Biden administration is doing everything, it seems, in their power to keep gas prices artificially high.
In fact, it is becoming more and more apparent it is all being done by design as part of the leftist, globalist “green” agenda to force Americans out of gas-powered vehicles and into electric ones.
And even though Joe Biden says he’s “doing everything in his power” to lower gas prices, we now know this is just another Biden lie.
Why else would he be selling off American Strategic Petroleum Reserves to foreign nations when they could be used by the American people?
That’s right, President Joe Biden’s administration sold 950,000 barrels of oil from the U.S. Strategic Petroleum Reserve to a Chinese state-owned gas company.
And to make matters even worse, the company has financial ties to the private equity firm cofounded by Hunter Biden, according to a recent Washington Free Beacon report.
Biden’s Department of Energy announced the nearly one-million-barrel sale to Unipec, which is the trading arm of Sinopec.
Sinopec is wholly owned and operated by the Chinese Communist Party.
And Hunter reportedly has financial ties to the CCP-owned Sinopec.
According to the Free Beacon report:
“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.”
While Joe Biden and his White House mouthpieces have repeatedly claimed that Hunter Biden is now out of the equity firm, Communist Chinese corporate records show he still clearly has a stake in the company.
Stay tuned to Right News Wire for any updates to this ongoing story.
