Oklahoma congresswoman Stephanie Bice isn’t giving up on trying to stop the White House from selling oil from the Strategic Petroleum Reserve to countries that are considered enemies of the U.S. Furthermore, she wants to know why President Biden delivered some of it to China.
This week, the Republican Representative reintroduced her Save America’s Valuable Energy Act. It would ensure that crude from the Strategic Petroleum Reserve does not flow to companies that are headquartered in countries listed under the State Department’s Defense Trade Control Country Policies List, which includes: Belarus, Burma, China, Cuba, Iran, North Korea, Syria, or Venezuela.
In addition, this legislation prevents the sale of crude from the SPR to entities headquartered in Russia. This comes after the U.S. Department of Energy in April of 2022 approved sales to Unipec America, which is a wholly owned subsidiary of China International United Petroleum and Chemical Co, better known as UNIPEC. UNIPEC is headquartered in Beijing, China.
“Since President Biden took office, he has waged a full-on assault on the oil and gas industry. Instead of unleashing American production, he has repeatedly withdrawn from the Strategic Petroleum Reserve, which is supposed to be used for emergencies,” said Rep. Bice.
“To make matters worse, in 2022 Biden sent 950,000 barrels of crude from the SPR to China, who has one of the largest stockpiles in the world.”
Bice stated that energy security is national security and President Biden, by using the SPR continues to weaken American while strengthening China.
“My critical legislation ensures that in the future, we will not send a single barrel from the SPR to our adversaries. With a Republican majority, I plan to hold the Biden Administration accountable for their actions. We must determine exactly why Biden sent American crude to China in the first place.”
Read the full bill HERE.