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U.S. oil was sent to the Chinese gas giant Hunter Biden’s firm previously ‘bought a $1.7 billion stake’

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On Wednesday of last week Reuters revealed the bombshell that of the oil from the U.S. emergency reserves that President Joe Biden promised were to “ease the pain that families are feeling” in the United States, more than 5 million barrels of oil were sent overseas. Part of that release from the nation’s Strategic Petroleum Reserves (SPR) was sent to China. The Chinese recipient of that oil has ties to President Biden’s son, Hunter Biden.

On Thursday, the Washington Free Beacon published specific details: “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.’”

The Chinese state-controlled gas giant, together with the President’s son, have engaged in “years of potentially criminal business activity embroiling the Biden White House in scandal since the 2020 campaign” reports The Federalist.

The Federalist writes:

“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.

Hunter Biden’s lawyer told the New York Times in November that the president’s son, “no longer holds any interest, directly or indirectly, in either BHR or Skaneateles.”

According to the Washington Examiner, however, Hunter Biden remained listed as a part-owner of the firm as late as March.

“Business records from China’s National Credit Information Publicity System accessed Tuesday continue to identify Skaneateles as a 10% owner in BHR, and Washington, D.C., business records continue to list Biden as the only beneficial owner of Skaneateles,” the paper reported. “The White House has routinely deflected questions about Biden’s business dealings to his attorneys, who have remained largely mum.”

“It’s possible that China’s business registry hasn’t yet been updated to reflect a potential transfer or sale of Skaneateles’s 10% stake in BHR to another party,” the Examiner added.

Biden’s Energy Department has thus far refused compliance with requests under the Freedom of Information Act probing the administration’s improper use of the nation’s strategic oil reserves maintained for emergencies.

“Last week, the Functional Government Initiative, a nonprofit government watchdog, filed a lawsuit to compel records concerning administration officials’ decision to tap the oil reserves in the absence of a sudden disruption in supply such as a hurricane or cyberattack” reports The Federalist.

Equally infuriating, “by the end of Biden’s latest release from the emergency stockpile, the president will have depleted 260 million barrels from the nation’s reserves” adds The Federalist. “In May, the Department of Energy announced efforts to replenish only 60 million barrels of what’s been released, despite an authorized storage capacity of 714 million barrels. The Energy Information Administration reported that just more than 492,000 barrels remained in storage on July 1, exactly one month into the six-month hurricane season.”

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Republican Senators Introduce ‘Securing America’s Land from Foreign Interference Act’ to Protect Farmland from Chinese

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Republican Senators Tom Cotton of Arkansas and Tommy Tuberville of Alabama, introduced a bill to protect the United States from China. Last week Sara Carter joined Fox News’ Sean Hannity to discuss the terrifying reality that China is buying a large amount of America’s farmland. Frankly, any amount is too much, but China has managed to purchase roughly 200,000 acres across the United States.

300 of those acres are near an Air Force Base which boards “some of the nation’s most sensitive drone technology.” On Tuesday, the two Republican senators introduced a bill with the aim of preventing members of the Chinese Communist Party (CCP) from purchasing any land in the United States.

The Blaze reports:

A similar bill (H.R.7892) was introduced into Congress on May 27, 2022, by Rep. Dan Newhouse, entitled Prohibition of Agricultural Land for the People’s Republic of China Act.

Cotton’s and Tuberville’s bill is, in part, a response to a report issued by the U.S. Department of Agriculture in 2020 indicating that “foreign persons held an interest in nearly 37.6 million acres of U.S. agricultural land.” They note in their announcement that “approximately 14 states have some level of foreign ownership restriction yet there are no federal restrictions on the amount of private U.S. agricultural land that can be owned.”

Chinese entities have acquired immense swaths of American soil and are poised to continue doing so. “Millions of acres in U.S. farmland are expected to change hands in the next decade.”

Whereas in 2010, China had invested in 13,720 acres of U.S. land, “by the end of 2020, the number had risen to 194,179 acres,” leaving China with a total of 352,140 acres of American land.

“Chinese investments in American farmland put our food security at risk,” said Cotton. Furthermore, these investments “provide opportunities for Chinese espionage against our military bases and critical infrastructure.”

Chinese entities have not just purchased farmland, but “bought $6.1 billion in U.S. real estate in 2022, according to the National Association of Realtors, and constituted 6% of foreign buyers.”

“We cannot continue giving our top adversary a foot in the door to purchase land in the United States and undermine our national security” added senator Tuberville.

 

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