WASHINGTON, DC—U.S. Representative John Rose (TN-6) took to the House Floor this week to raise concerns about the recent sale of oil from the nation’s strategic petroleum reserve to a state-owned Chinese company.
The full speech, as prepared for delivery, is below:
I rise today as Middle Tennesseans struggle to afford record-high gas prices caused by the Biden Administration’s anti-energy policies.
If you recall, in April of this year, President Biden announced he would be raiding the Strategic Petroleum Reserve to help “ease the pain American families are facing at the pump.”
Since then, the average price of a gallon of gas in the United States has gone up from around $4.20 to more than $5 a gallon, while putting our national security at risk as the strategic petroleum reserve is now at its lowest level since 1985.
What’s even more alarming is a new press report stating that 950,000 barrels of the oil Mr. Biden took from the Strategic Petroleum Reserve were sold to a state-owned Chinese company. If this is true, it’s difficult to find the words to adequately describe how utterly outrageous it is.
President Biden must do better, and he must answer questions associated with this apparent sale of oil from our Strategic Petroleum Reserve to our most dangerous geopolitical adversary, China.
You can watch the full speech here.
Original source can be found here.
