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America July 12, 2022 4 mins read

Biden approved sale of U.S. Strategic Reserves to Chinese gas company where Hunter is part-owner

America ı By Jackie Allen

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Chinese gas company

According to Power the Future founder Daniel Turner, President Biden sold one million barrels of oil from the nation's Strategic Petroleum Reserve (SPR) to the Chinese gas company that has been linked to his son, Hunter Biden.

Turner has been complaining that Biden’s energy policies are leading to the 2-year steep increases in the price of gas at the pump. And that Biden’s November 2021 sale of America’s emergency reserve was a “terrible idea.” 

And he emphasized that Biden’s choice to funnel gas to China makes it an "outrageous sale." 

“This is pretty remarkable. Of all the gin joints in the world, of the oil companies in the world, we chose to use one company in China that Hunter Biden is a part-owner and investor, “Turner said.

“The next step is why are we selling it to the communist Chinese and then the third step is again, of all the oil companies that are brokering this deal, the one that the president’s son is a part-owner investor? I don’t know if he profited, I don’t know if he got a commission, but it’s just beyond curious and definitely worthy of a congressional investigation that his firm had a hand in this outrageous sale of our strategic reserves, “he added. 

Hunter Biden's ties to Chinese gas company

Biden’s son's laptop has emails that reveal the president may have been compromised by Hunter’s business ties. Chinese owned Sinopec is tied to Hunter Biden, whose private equity firm, BHR Partners, had a $1.7 billion stake in the company seven-years- ago.

There are also emails with wealthy Russians, Libyans, Mexicans, and government-connected companies where Hunter is promising access to his father for cash. Or telling the ultra-wealthy that he gave them access and now wants them to “reciprocate” with cash.

The FBI has had the laptop since 2019. And a secret grand jury was convened this Spring. But there has been minimal reporting on the contents.

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

In the meantime, Hunter Biden remains listed as a part-owner of the firm, as of March 2022.

“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,” according to the NY Times.

“The White House has routinely deflected questions about Biden’s business dealings to his attorneys, who have remained largely mum.”

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Jackie Allen
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Jackie Allen

Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.

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