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Title: China Announces Major Gasoline Price Cut After Biden Sends Strategic Reserve Oil to Beijing
Source: [None]
URL Source: https://www.breitbart.com/asia/2022 ... ategic-reserve-oil-to-beijing/
Published: Aug 12, 2022
Author: Staff
Post Date: 2022-08-12 11:46:37 by Horse
Keywords: None
Views: 264
Comments: 3

China’s government-run Xinhua News Agency announced on Tuesday that the Communist Party would lower gasoline and diesel prices nationwide, a move following growing purchases of cheap Russian petroleum products and of American gasoline leftist President Joe Biden released from the country’s Strategic Petroleum Reserve (SPR).

“The prices will go down by 130 yuan (about 19 U.S. dollars) per tonne and 125 yuan per tonne, respectively, according to the National Development and Reform Commission (NDRC),” Xinhua reported. The communist regime outlet noted that the price drop was the fifth of its kind this year and fourth since June. The government agency announcing the move, Xinhua detailed, acted in response to a drop in international oil prices – partially fueled by a collapse in demand in China, where the Communist Party regularly, and arbitrarily, imposes sweeping Chinese coronavirus lockdowns in major cities without warning.

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#1. To: Horse (#0)

From reading the article I see the oil from strategic reserves is not being sold directly to China but to private companies who then transfer the oil to China.

Whoever these companies are they should be taken to the mat and disciplined for stabbing the U.S. in the back for the sake of the almighty Dollar. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2022-08-12   17:45:16 ET  Reply   Trace   Private Reply  


#2. To: BTP Holdings (#1)

In the past the US government restricted the buyers as to where it went. Biden's benefactors are in China.

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2022-08-12   18:26:03 ET  Reply   Trace   Private Reply  


#3. To: Horse (#2)

Biden's benefactors are in China.

That is more evidence of the Biden Crime Cult. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2022-08-12   19:24:34 ET  Reply   Trace   Private Reply  


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