Senator Ted Cruz Proposes Blocking Biden From Selling Oil to China
Cruz sponsored the No Emergency Crude Oil for Foreign Adversaries Act, a bill that would block the United States from selling to adversarial nations. It permits a waiver for national security reasons and requires the Department of Energy to report the destination of exported oil from recent SPR auctions.
“At a time of skyrocketing inflation and record gas prices, and with SPR drained to its lowest level since 1986, it is reckless and inexplicable that President Biden would allow oil from the Strategic Petroleum Reserve to be exported to China,” Cruz said. “This practice poses a direct threat to American national security, not least of all because the Chinese Communist Party is currently stockpiling oil for strategic use, and the Biden administration is aiding their effort.”
Sens. James Inhofe (R-OK), Marsha Blackburn (R-TN), Josh Hawley (R-MO), Joni Ernst (R-IA), James Lankford (R-OK), John Kennedy (R-LA), and Roger Marshall (R-KS) cosponsored the bill.
“President Biden crushed American energy production and then sold our strategic oil reserves to China, all while claiming to care about the high prices Americans were paying at the pump. This should never have been allowed to happen. Congress must pass legislation to ensure it doesn’t happen again,” Sen. Josh Hawley (R-MO) said in a statement.