Trump ripped current Biden for selling nearly a million barrels of oil from the United States Strategic Petroleum Reserve to a Chinese company linked to his son Hunter, calling the move “terrible” in an exclusive interview with Breitbart News.
, leading several Republicans to demand an investigation into what happened. Trump had rebuilt the supply in the United States reserves for the first time in decades, and then Biden, during a shortage of oil where the price is at or near record highs, turned around and sold it foreign countries, something Trump called “incredible.”
Asked if it is a scandal worthy of investigation, Trump said he consider it “certainly strange” that Biden would give American oil from the nation’s reserves to China. While as of yet it is unclear if Biden or his family members, such as his son Hunter Biden, personally profited from this sale, Trump said that if that happened it would be “inconceivable,” but that the mere fact that Biden even sold U.S. oil to a Chinese company to begin with is bad enough. Trump also said Biden policies are likely to cause the price of gas to continue to increase beyond the record highs hit this summer, predicting “much higher” gas prices soon.
This interview with Trump comes in the wake of Biden selling 950,000 barrels of oil, per a Department of Energy announcement earlier this year, to Unipec—the trading arm of the Chinese Communist Party-controlled Sinopec. In 2015, a private equity firm that Hunter Biden founded bought a $1.7 billion stake in Sinopec Marketing.The ranking member of the House Committee on Oversight and Government Reform, Rep. James Comer ,last week that the matter is now being formally investigated.
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