Page 1 of 1

950,000 Barrels of Oil from Strategic Reserve Sold to Chinese Company Hunter's Firm Owned 1.7 b

Posted: Thu Jul 07, 2022 3:43 pm
by johnforbes
In April Biden sold 950,000 barrels of oil from our Strategic Petroleum Reserve to a Chinese gas company that Sinopec, a private equity firm co-founded by Hunter Biden, owns a $1.7 billion stake in

Re: 950,000 Barrels of Oil from Strategic Reserve Sold to Chinese Company Hunter's Firm Owned 1.7 b

Posted: Thu Jul 07, 2022 7:04 pm
by Clownkicker
And johnflubs starts yet another duplicate thread because his first thread on the topic made him look like a fool.

Re: 950,000 Barrels of Oil from Strategic Reserve Sold to Chinese Company Hunter's Firm Owned 1.7 b

Posted: Fri Jul 08, 2022 10:57 am
by sillydaddy
The Chinks have Dementia Joe's balls in a vise...
They have no use for our oil...their goal is to devalue the USD
and all they need to do is feed Joe money like a drug to a junkie,
and he will do anything they ask... :O

Re: 950,000 Barrels of Oil from Strategic Reserve Sold to Chinese Company Hunter's Firm Owned 1.7 b

Posted: Fri Jul 08, 2022 1:18 pm
by Clownkicker
The Chinese don't want to devalue the USDollar, dummy.

As long as it's high, they will export a lot of their crap to us and they won't buy anything from us because our stuff is too expensive. That way our trade imbalance gets worse and worse, making our economic status more precarious all the time.

Also, they will have lots of high-value dollars on hand to buy oil (which they DO need, you imbecile) and to pay foreign debts.

You really need to learn the basics of global money, dimwit.

Re: 950,000 Barrels of Oil from Strategic Reserve Sold to Chinese Company Hunter's Firm Owned 1.7 b

Posted: Fri Jul 08, 2022 1:44 pm
by johnforbes
"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.”

Sinopec is also tied to Hunter Biden, whose private equity firm, BHR Partners, bought a $1.7 billion stake in the company seven years ago."

Re: 950,000 Barrels of Oil from Strategic Reserve Sold to Chinese Company Hunter's Firm Owned 1.7 b

Posted: Sat Jul 09, 2022 2:33 pm
by elklindo69
So what?

Were any laws broken? No....so what's the issue?

But don't even mention the fact that the Arabian bone saw murder gave Trump's slumlord son in-law 2 billion dollars as a payback for good Lawd knows what?????

Re: 950,000 Barrels of Oil from Strategic Reserve Sold to Chinese Company Hunter's Firm Owned 1.7 b

Posted: Sat Jul 09, 2022 6:27 pm
by Clownkicker
johnfortbes doesn't care that no laws were broken.

He's simply against capitalism on principle. I must say he has surprised me with that anti-capitalist position on oil sales in a free market.

Re: 950,000 Barrels of Oil from Strategic Reserve Sold to Chinese Company Hunter's Firm Owned 1.7 b

Posted: Sun Jul 10, 2022 2:34 pm
by johnforbes
It is alarmingly clear that pay to play was involved here.

Clownslacker and Elkindolt certainly do have flexible ethics or -- let's be frank -- rank hypocrisy.

Re: 950,000 Barrels of Oil from Strategic Reserve Sold to Chinese Company Hunter's Firm Owned 1.7 b

Posted: Sun Jul 10, 2022 3:23 pm
by Clownkicker
And johnny slips up and reveals his attempted show of reasonable impartiality is just another of his partisan frauds.

You know, how he was saying:
"And now it is known that in April 950,000 barrels were sold to a company in which one of Hunter's investments holds a significant stake.
Accident? Perhaps.
Corruption? Somebody ought to at least examine the possibility."-Dishonestjohn

He had already made up his mind despite the fact that he has nothing to support his bias but his unsupported partisan speculations, AGAIN.

Re: 950,000 Barrels of Oil from Strategic Reserve Sold to Chinese Company Hunter's Firm Owned 1.7 b

Posted: Mon Jul 11, 2022 10:57 am
by johnforbes
If President Trump had sent almost a million barrels of oil out of the strategic reserve to a company linked to an investment firm belonging to his son, would the media be flipped out and would the authorities be investigating?

We all know they would.

Re: 950,000 Barrels of Oil from Strategic Reserve Sold to Chinese Company Hunter's Firm Owned 1.7 b

Posted: Tue Jul 12, 2022 7:35 pm
by elklindo69
Apparently the right wing loons have melted right the fuck down into water vapors and they are tossing anything that will stick about Hunter Biden because the hearings can't be stopped and the walls are closing in and not a single soul will testify on Trump's behalf.

Not to mention the fact that the Bonesaw prince of Arabia gave Kushner 2 billion dollars for his "investment fund" for payback for.....whatever....

Re: 950,000 Barrels of Oil from Strategic Reserve Sold to Chinese Company Hunter's Firm Owned 1.7 b

Posted: Wed Jul 13, 2022 3:20 pm
by johnforbes
Absent an emergency declaration, they should not have sold anything to America's largest geopolitical enemy (China).

Re: 950,000 Barrels of Oil from Strategic Reserve Sold to Chinese Company Hunter's Firm Owned 1.7 b

Posted: Sun Jul 17, 2022 12:27 pm
by elklindo69
If you don't like it then have a law forbidding it. However, if the government can now sell high then purchase at a lower price later on...then the better.