Ted Cruz Challenges Sale of Oil From Strategic Petroleum Reserves to China

Ted Cruz (Republican from Texas) introduced a bill to ban the Biden Administration’s sale of oil from the U.S. Strategic Petroleum Reserves(SPR) for the communist country, China. 

Titled, Protecting America’s Strategic Petroleum Reserve from China Act, the House bill passed in a bipartisan vote of 331-97, with 113 Democrats voting in favor of the bill. 

You can find out more at statement, Cruz criticized President Joe Biden for selling America’s oil to the Chinese Communist Party, and in return, Americans are having to shell out more of their hard-earned money to pay for his actions. 

“The Strategic Petroleum Reserve was intended to ensure that America had sufficient oil. Instead, Joe Biden sold oil to the Chinese Communist Party when the CCP was stockpiling oil for its own strategic use, and while Americans are paying higher and higher prices for fuel because of the Biden administration’s disastrous energy policies,” Cruz said. 

The Biden Administration has released over 250 million barrels oil. It was meant to be used in the event of a natural catastrophe that disrupts oil production or gas supply.

The Biden Administration ordered the Department of Energy to drill into SPR in November 2021. They claimed it was an ad hoc operation. “major effort to moderate the price of oil” American motorists will also be able to pump less. 

Last year, the House Oversight Committee reported on the Biden DOE selling nearly a million barrels SPR oil directly to Unipec America. Unipec America was a company controlled by the CCP. A deal that Biden’s son, Hunter Biden, made a profit from. 

The U.S’s oil reserve is at its lowest level since 1986, despite having one of the world’s largest oil reserves, thanks to Biden’s energy efforts to cater to China. 

“We need to immediately act to stop this from happening in the future… and unleash American energy,” Cruz continued.