Maybe you were busy with other things.
From the Washington Free Beacon:
The Biden administration sold roughly one million barrels from the Strategic Petroleum Reserve to a Chinese state-controlled gas giant that continues to purchase Russian oil, a move the Energy Department said would "support American consumers" and combat "Putin's price hike."
Biden's Energy Department in April announced the sale of 950,000 Strategic Petroleum Reserve barrels to Unipec, the trading arm of the China Petrochemical Corporation. That company, which is commonly known as Sinopec, is wholly owned by the Chinese government.
Remember, the oil in the Strategic Reserve was already bought with your tax dollars. Which means Joe just sold oil you paid for to the Chinese.
Power the Future founder Daniel Turner admonished Biden for selling "raw materials to the Communist Chinese for them to use as they want."
"We were assured Biden was releasing this oil to America so it could be refined for gasoline to drive down prices at the pump. So right off the bat, they're just lying to the American people," Turner told the Washington Free Beacon. "What they're saying they did and what they did are not remotely related."
One other important note:
Turner also said the decision highlights the Biden family's "relationship with China." Biden's son, Hunter Biden, is tied to Sinopec. In 2015, a private equity firm he cofounded bought a $1.7 billion stake in Sinopec Marketing. Sinopec went on to enter negotiations to purchase Gazprom in March, one month after the Biden administration sanctioned the Russian gas giant.
Stop for a moment.
Think with me.
Imagine reading the sentence this way:
Trump's son, Eric Trump, is tied to Sinopec. In 2015, a private equity firm he co-founded bought a $1.7 billion stake in Sinopec Marketing.
- How would the media respond?
- How would Congress respond?
- What would the news cycle look like for the next 3 months (minimum)?
Instead, the news was so meh that most people didn't even hear about it, and whatever was reported will be buried by the assassination of Shinzo Abe.
P.S. Now check out our latest video: "Highlights from Biden's speech last night" 👇