Stop Sending America’s Strategic Oil Reserves to China
Washington, D.C. — House Energy and Commerce Republicans submitted an amendment to an annual energy spending bill to prevent President Joe Biden from jeopardizing America’s energy and national security by selling oil from America’s Strategic Petroleum Reserves (SPR) to the Chinese Communist Party.
Energy and Commerce Committee Republican Leader Cathy McMorris Rodgers (R-WA) released a statement on the dire need for Congress to protect America’s strategic oil reserves from the Chinese Communist Party.
“President Biden needs to remember that our strategic energy reserves are for emergencies, not to cover-up the consequences of him shutting down American energy. The purpose of America’s strategic reserves is to keep America powered during emergencies, not communist dictatorships.
“To lower prices, President Biden’s focus should be flipping the switch on American energy production. That’s why Republicans are leading on solutions like the American Energy Independence from Russia Act which reverses his war on domestic energy production. It permits drilling on federal lands and waters, approves the Keystone XL pipeline, unleashes U.S. LNG exports, and protects energy and mineral development from government attacks.”
Rep. Jeff Duncan (R-SC) spoke in favor of the amendment before the Rules Committee.
STOPS BIDEN FROM SENDING OIL RESERVES TO CHINA
“This amendment is very simple – it would prohibit the Department of Energy from sending America’s emergency oil reserves to China. These are Strategic Petroleum Reserve resources, owned by the taxpayer, and they’re there for certain circumstances and events.
“Because of President Biden’s hostility to oil and gas, our domestic production and refining capacity has declined by more than 1 million barrels per day since President Biden took office.
“Energy prices have surged past historic records. People have been forced to pay more than $6 per gallon in many regions of the country.
“Now, President Biden is looking for cover. He is looking to distract American voters from the painful realities of his anti-fossil fuel agenda by releasing an unprecedented 260 million barrels of oil from our SPR.”
