Biden Sells 1 MILLION Barrels of Oil from Strategic Reserves to Chinese Company Hunter Biden Invested In

Right in our faces. No worries over conflict of interest. Wonder what sort of kickback the Biden crime family receives?

https://thepostmillennial.com/revealed-biden-sold-1-million-barrels-of-oil-from-us-strategic-reserves-to-chinese-company-hunter-biden-invested-in

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zonavar68 · 56-60, M

! million barrels is a very very very very very tiny amount btw. A 'barrel' is 42 US gallons, or about 159 L. Basically, 1 million 44 gallon drums of crude oil. so 159 million litres.

The US oil stockpile has capacity for about 700 ish million barrels, so selling just 1 of those millions to China is a drop in the virtual crude oil ocean. get over it peoples.

The US uses around 20 million barrels per day, so that's 1/20th of the total daily domestic usage of oil in industry and the automotive sector and land transport (road and rail) and domestic shipping.

BizSuitStacy · M

@zonavar68 Do you even begin to understand the concept and purpose of a strategic reserve? Clearly not. Think...emergency catastrophic event.

And is Biden replacing the strategic reserve? Nope. Not yet at least.

How long will the strategic reserve last under normal consumption rate? You should know since it appears you pilfered the numbers from me. A little more than a month.

Originally, the idea was to use the strategic reserve to help lower gas prices. And per the numbers...1 milliion barrels is 5% of the daily use. We still see gasoline prices going up. So that failed. Now the administration is selling it to a number of foreign entities. And once such entity is a company in China in which Hunter Biden is invested in.

zonavar68 · 56-60, M

@BizSuitStacy less than 1 pct of emergency stockpile is stuff all. get over it. The shortfall will be replaced immediately with more sourced domestically or imported. If the USA is so intrinsically dependent on crude oil to operate as a country, the place is already fooked!

BizSuitStacy · M

@zonavar68 1%? Hello McFly...the use and sale of the strategic reserve has been going on for a while now. Oh...but let's pretend this is just some isolated incident that can be dismissed. Let's ignore the real issue. Biden claims the purpose of the drawdown was to lower gas prices. How's that working, McFly? And how is selling the oil to foreign entities going to lower prices at the pump?