Senator Ted Cruz
WASHINGTON, D.C. – Senate Democrats blocked U.S. Senator Ted Cruz’s (R-Texas) amendment today to the Schumer-Manchin Tax-and-Spend Bill to block Strategic Petroleum Reserve sales to China.
Sen. Cruz’s amendment would block the United States from selling our emergency crude oil stockpile to China, following news that President Biden had sold at least two million barrels of American crude oil from our strategic stockpile to the Chinese Communist Party’s state-owned oil and gas company Sinopec.
Before the vote on this amendment, Sen. Cruz said:
“This bill represents the most significant assault on U.S. energy production the Senate has ever considered. It is designed to bankrupt every coal miner in America, to dramatically increase gas prices consumers are paying, and to permanently harm U.S. oil and gas production. There is however, one group who the Senate Democrats do not oppose having more oil, and that is the Chinese Communists. In the past year, President Biden has sold over two million barrels of oil to the Chinese Communist government from America’s Strategic Petroleum Reserve. That oil was paid for by U.S. taxpayers. My bill would block the president from selling our oil to the Chinese communists. I would note also that it was sold to a Chinese company owned by the communist government, in which a significant stake was owned by a private equity firm, owned in significant part by the President’s own son, Hunter Biden. If the Democrats don’t want to see millions of barrels of U.S. oil sold to the Chinese Communists, they should support my amendment.”
Watch Sen. Cruz’s remarks here.
