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Protecting America's Strategic Petroleum Reserve From China Act

Floor Speech

Date: Jan. 12, 2023
Location: Washington, DC

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Mr. BALDERSON. Mr. Speaker, I thank the gentlewoman for yielding. I am honored and blessed to be able to serve with you.

Instead of supporting American energy producers and reversing their disastrous energy policies, the Biden administration decided to drain our energy reserves to the lowest levels since 1983.

So who benefited from this decision to drain these reserves?

The Chinese Communist Party now has the largest government-controlled petroleum reserve in the world. In fact, this administration transferred 900,000 barrels from our stockpile to a subsidy of the Chinese Communist Party-owned China Petroleum & Chemical Corporation.

H.R. 22, sponsored by Madam Chair McMorris Rodgers, bars the Secretary of Energy from selling any of America's petroleum reserves to an entity affiliated with the CCP or any entity that intends to export it to China.

Energy security is national security. House Republicans are fighting to ensure one of our greatest geopolitical challengers, China, does not benefit from this administration's misguided energy policies.

I urge passage of H.R. 22, the Protecting America's Strategic Petroleum Reserve from China Act.

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