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    Home > Chemicals Industry > Petrochemical News > McCarthy fired as soon as he took office, and the U.S. House of Representatives passed a bill banning the sale of strategic petroleum reserves to China

    McCarthy fired as soon as he took office, and the U.S. House of Representatives passed a bill banning the sale of strategic petroleum reserves to China

    • Last Update: 2023-02-01
    • Source: Internet
    • Author: User
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    As soon as McCarthy, who is tough on China, took over the power of the House of Representatives, he introduced an unfriendly bill
    to China.

    On January 13, the Republican-majority U.
    S.
    House of Representatives overwhelmingly passed legislation restricting the sale of the U.
    S
    .
    Strategic Petroleum Reserve to entities linked to the Chinese government.

    The bill was passed by 331 votes in favor and 97 votes against the US House of Representatives on the 13th, in addition to Republican lawmakers supporting this bill, 113 Democratic members joined the ranks of the legislative ranks
    .

    The bill, introduced by House Energy and Commerce Committee Chairman Rogers, would prohibit the sale of any petroleum product from the U.
    S.
    Strategic Petroleum Reserve (SPR) to "any entity owned, controlled or influenced by the Chinese government" and would require the U.
    S.
    Department of Energy to ensure that crude oil is not exported to China as a condition of
    sale.

    Speaking before the vote, Rogers said the U.
    S.
    Strategic Petroleum Reserve is meant to respond to energy supply disruptions such as hurricanes and natural disasters, not to help China
    .
    He also called the depletion of the U.
    S.
    Strategic Petroleum Reserve for political purposes and its partial sale to China a major threat to
    U.
    S.
    national security.

    Paron, the Democratic chief of the House Energy and Commerce Committee, also opposes oil exports to China, but he believes the Republican bill does not completely solve the problem
    .

    The bill will be sent to the Bundesrat for discussion and voting
    .
    If it can be passed, it will be sent to the White House to be signed into law
    by President Biden.

    After President Biden took office, the international situation changed, oil prices rose, and in order to relieve the difficulties, Biden announced the release of the Strategic Petroleum Reserve last September, releasing 1 million barrels of crude oil per day for six months
    .
    And it is mainly to curb inflation
    caused by rising oil prices.

    What is even more infuriating is that after McCarthy took office, he immediately achieved pre-election political views, and used the anti-China sentiment of both parties to overwhelmingly approve the establishment of the "Special Committee on Strategic Competition between the United States and China", which is the first time since the 1990s that the House of Representatives has established a "special committee"
    against China.
    The commission's chairman, Gailage, said the Chinese threat was imminent and now was a critical moment
    .
    It can be seen that the US side does not distinguish between parties and the anti-China sentiment is very high
    .

    In addition, the United States recently passed the "National Defense Authorization Act" to further woo Taiwan, and McCarthy announced a few months ago that he would visit Taiwan
    after becoming speaker of the House of Representatives.
    Chinese mainland abruptly announced on January 8 that a military exercise in the sea and air space around Taiwan was made, and Chinese Foreign Minister Qin Gang and Song Tao, director of the Taiwan Affairs Office of the State Council, also took up their posts ahead of schedule.

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