The large -scale ratio of the House of Representatives in the United States has prohibited a proposal to sell strategic reserve crude oil to China, but it is expected that the proposal will be blocked in the Senate controlled by the Democratic Party.
According to Bloomberg, the House of Representatives passed the above proposal with 331 votes support and 91 voting opposition on Thursday (January 12), including the Democratic Party members.
Summary shows that if it can be made, the proposal will prohibit the Department of Energy from selling crude oil from all in Beijing or controlling entities from any of the strategic reserves.It also requires that the release reserves cannot be exported to China as sales conditions.
In order to cope with the soaring crude oil prices after the Russian and Ukraine War, US President Biden decided to sell 180 million barrels of strategic reserve crude oil last March and released the last 15 million barrels of it before the October election.The Republican Party criticized him for this move to vote in the election.
The Republican Party also stated allegations on the use of the government's use of emergency reserves, saying that the Ministry of Energy transferred 900,000 barrels of crude oil to the China Petrochemical United Petrochemicals Co., Ltd. (UNIPEC America Inc.).The company has invested billions of dollars from Bhr PARTSERS, a member of the founding board of directors from Hunter Biden, the son of Biden.
The White House once said that the law stipulates that the Ministry of Energy must sell reserve oil to those with the highest bidding in competitive bidding, regardless of whether it is a foreign company.
Co -name proposed that the Washington Republican member Cathy Mcmorris Rodgers said that the US strategic crude oil reserves are to deal with real energy supply interruptions instead of helping China. "Taking a strategic reserve and selling it to China is a major threat to our national security. "
