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EXPOSED: Biden sold RESERVE OIL to a company run by CHINA

Remember when President Biden chose to release 30 million barrels of oil from the U.S. strategic oil reserves, all in an apparent attempt to help the American taxpayer suffering at the gas pump? Well, we now know where some of that oil went. Glenn explains how one million barrels ended up in the hands of a company controlled by CHINA...and a company with ties to the president’s son, Hunter Biden.

Transcript

Below is a rush transcript that may contain errors

GLENN: You know, here's the story. And I know I brought it up last hour. And I'll probably bring up next hour. And I'll probably bring it up every day, until we have an answer on this one.

You know, when Joe Biden said, he was going to release $30 billion of crude oil, to help America. You know, so you didn't -- you -- it was an emergency sale.

You know, our strategic oil preserve. Key word there: Strategic. Strategic.

Meaning, something we would hold on to. We would have in reserve, for strategic purposes. Like going to war. which will never happen.

So he wanted to release 30 million barrels, now, I thought that that goes to the gas stations or wherever. No. No.

No. One of the companies that bought it, there were 12 companies. And they were all vetted from the United States.

And one of them is UNIPEC America, which is fantastic. Fantastic.

UNIPEC America, in case you've never heard of it, I mean, who has? Is the Chinese petrochemical corporation.

So it's controlled by the Chinese government. So we sold a million gallons. Or, I'm sorry. A million barrels, to China. And I'm -- I'm -- I'm wondering, you know, why we did that.

Well, I mean, I'm sure, you know, there was an in there.

SINOPEC, you know, has worked with the Bidens. Hunter Biden cofounded the private equity firm BHR Partners. And BHR acquired $1.7 billion stake in SINOPEC. So that -- that's -- you know, now, Biden took -- Hunter took a minority stake in BHR. He's only got a 10 percent stake through -- through an LLC that he owns. Very complex. It's hard to follow. It's almost like it's intentionally built that way. And, you know, he said that he was going to sell that. Of course, there's no record of him doing that at all. And nobody would even ask him the question.

But I didn't realize, when Joe said, he was going to help Americans. He specifically meant with the last name Biden.

Had no idea that that's -- I thought it was like everybody, you know.

But we find out now, no.

A million gallons, went to China. And as if that's not bad enough, it was to a company that is at 10 percent. Is owned, you know, by Hunter.

So...

That's good. By the way --

STU: It's an interesting definition of good, you have working there. I didn't feel it was good. To be fair, you did say it was a million barrels. And it was only 950,000. And that -- I think the American people would be fine with that.

GLENN: Fake news. Fake news.

Here's why I'm not concerned about it. Apparently, not everything was a disaster, when I -- when I went on vacation. The Biden administration, has announced, it has created a new position, to tackle corruption, head-on.

And not domestic corruption.

We're talking about international corruption.

Which is great. Because I think we're the ones to preach to the world, against corruption. Don't. I mean seriously.

So, anyway, they're battling internationals corruption. And Joe Biden is the guy to do it. Sidelines, I mean, when he was vice president. He was in charge with Ukraine policy. And he bragged about the arm twisting he did there. To root out corruption. Of course, it was to root out the guy who wanted to investigate his son in corruption. That's just -- he didn't know that, I'm sure. So he's looking into international corruption. And I'm thinking, while I was on vacation, I was thinking, you know, Russia, China, Iran. How will we wrangle them into submission?

And I didn't see it coming. You know, corruption czar.

And one that has some real experience. Now, Richard Nephew is the guy who was put in charge.

And it's really ironic, that a guy named nephew, is being appointed by Joe Biden, you know, in an anticorruption position. But his name is Richard Nephew. And he's heading up the international anticorruption efforts.

Now, why would you pick him? Why would you have -- well, he was working on the special envoy to Iran, during the Obama administration, and he served as the nuclear arms and sanctions expert on the team that negotiated the Iranian nuclear deal. You know, the deal that ended up, with us flying pallets of $400 million in cash, and leaving it in the middle of the airport, in the middle of the night in Tehran.

He was the guy who got that deal. So he knows a little something about corruption, I'm thinking.

And it's good. It's good. World, you've been put on notice. The anticorruption league, is coming.

And, you know, if you're not greasing some of the skids, they might -- they might have a thing or two to say to you and to the rest of the world.

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GLENN: Ten-second station ID.
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GLENN: So here's some good news: This is from Reuters. Stu, how much -- how much was oil when it collapsed the economy in 2008?

STU: $140 a barrel.

GLENN: $140 a barrel. Now, that is because, we as a country, are not equipped to pay that much for a barrel of oil.

Our entire economy runs on -- it's optimum under $100 a barrel. So anything over $100, sustained, is not good.

140 is really our breaking point. Or it was in 2008. But now with inflation, you know, adjusted dollars, I'm sure that's $250 a barrel. Now, here's the good news from Reuters.

They're saying that oil could go up to $380 a barrel. Because Russia is now thinking about slashing 5 million-dollar -- 5 million barrels a day. In retaliation for the price cap, that the West has -- has put on there.

So now, you've got -- you've got Germany. And everybody else. Freaking out, a little bit. A little bit.

But not us. We're just plowing right through -- $380 a barrel. Can you imagine how much money this country could make, right now, if we just became the world's supplier of oil and natural gas?

We would -- we could solve so many problems, right now. But we won't. We won't. Because gas and oil is a really bad thing.

Really? Seemed to do a lot of really good things in the past. And now that we're struggling with it again, and there's a shortage. It seems they're doing really bad things, doesn't it?

STU: Well, you're ignoring the change. It's a massive change. Over the amount of climate deaths over the past 100 years. It's been an incredible --

GLENN: Really. Tell me. Tell me the stats on those climate deaths.

STU: Well, there has been a large change. I don't think you would deny that.

GLENN: Well, I haven't heard of the stats. So I know you're a stat guy. So what are the stats of climate?

STU: Global climate-related deaths are down 98 percent over that time. But just the 98 percent. If it wasn't for oil and gas, okay. And their emissions, it maybe would have been 99 percent, you know.

GLENN: But -- but wait. But wait a minute.

STU: So that's --

GLENN: So you do have stats. And it -- the climate deaths are down by almost 100 percent?

STU: Almost. Not all -- there are still climate deaths though. It has not been 100 percent.

GLENN: Right.

STU: And a lot of people might say, well, wait a minute. Isn't that entire improvement having to do with fossil fuels, and how society has improved over the past 100 years? And, sure, you could make that point. But they haven't completely eliminated climate-related deaths. Why not? You know.

GLENN: I -- you know why?

STU: Yeah.

GLENN: Inequality.

STU: Thank you. Inequality. You know, there's a big climate related report due out soon. We were talking about this, this week. What's the point of the climate situation?

What's the point of it, right? The point of it is, do people die from climate?

That's the real bottom line number. And if I were to give you two publications, which one has shown, the statistics backing up the 98 percent drop in climate-related deaths. Isn't, number one, the UNIPCC report about the climate.

Have they ever reported that? Or the number two option: Glenn Beck's an inconvenient book. Which one?

GLENN: I would say -- I would say, it's Glenn Beck's Inconvenient Book.

STU: You are correct. For some reason, the guy who doesn't care about climate at all, is the one reporting the near 100 percent drop in climate-related deaths, while the UN IPCC doesn't include that graph in any of their reports.

GLENN: And it's interesting that they are talking about climate-related deaths. But they're going to start talking about that. You're going to hear a lot of that, beginning this fall, when we have starvation, beginning to set in, all over the world.

We are still living off of last year's harvest. This year's harvest is just starting to be canned. And sent out.

So everything that you have, on your shelf, or on your supermarket.

Most of it is last year's wheat. Last year's fruit or vegetables. Now we're going to start to see the problem. And it's going to start rearing its ugly head all around the world, very soon. And when it does. They're going to say, this is because of climate problems.

STU: I think you're right. They are.

GLENN: They absolutely are going to. Now the farmers are going to understand, that they need to grow food, without all these petrochemicals. And, you know, it only makes it more urgent, that we double down on this, right now. It's a war.

STU: And as you pointed out, at the beginning of the program. Sri Lanka went that route, and did wonderfully well with it. In fact, they were able to move a bunch -- thousands of citizens into their presidential palace, as a result of that move.

Which is great for equality.

GLENN: Right. So if you want the less New York Times version of that, the government was overthrown over the weekend.

But climate change, climate change. Climate change. Climate change.

RADIO

This Russian nuke warning is HORRIFIC… for an UNEXPECTED reason

Glenn Beck reviews a video of Aleksandr Dugin, known as “Putin’s brain,” warning that nuclear war is inevitable. But this warning from Russia is absolutely terrifying for another reason: it’s NOT REAL …

THE GLENN BECK PODCAST

Operation Fast and Furious: The TRUE Story of How the Feds were Running Guns into Mexico

The Border Crisis has been ongoing for years, and one of the biggest scandals was the ATF “gunwalking” scandal known as Operation Fast and Furious which occurred during when Barack Obama was President. Glenn Beck talks with John Dodson, the whistleblower who revealed the scandal to get the facts about what happened and why it was a flawed operation from its inception.
Watch the FULL Interview HERE

VIDEOS

Glenn Beck & Piers Morgan REACT to Trump's Iran Strike & What Comes Next

Glenn Beck joins Piers Morgan to react to President Trump's decision to strike Iran's Nuclear Facilities and what could come next with the conflict. Is this just the start of a larger conflict involving Iran, Israel and the United States, or will this move by Trump put at least a temporary end to the brewing tensions?

RADIO

Meet the pro-Intifada candidate NYC Democrats just elected

New York City Democrats just elected 33-year-old Zohran Mamdani, a "socialist Muslim", as the Party's candidate for mayor. But Glenn Beck argues that his radical beliefs are actually communist and Islamist.

Transcript

Below is a rush transcript that may contain errors

VOICE: Z10852. Something weird is going on. The World Trade Center is on fire.

VOICE: Seriously the top of the building. We're trying to get information.

VOICE: Top level of one of the --

VOICE: To unfold from New York City.

VOICE: A plane crashed just --

VOICE: My sister is in that believe. I hope she's okay. I have to come to New York.

VOICE: It's pandemonium.

VOICE: It's raining papers.

VOICE: Wait a minute! Stop just a second. Why are we -- why are we -- I've got breaking news. Breaking news, yesterday. New York City just elected as their mayoral candidate for the left. And the Democrats, a -- a Muslim radical, who is also a communist!

So, you know, it only took you 25 years. It only took you 25 years, New York, to go completely insane.

Somebody who is -- well, I mean, if I might quote Michael malice today. I am old enough to remember when New Yorkers endured 9/11 instead of voting for it.

But you've got a -- you've got a communist jihadist apologist now.

Who was -- you know, well, CAIR put $100,000 behind his bid for New York City mayor.

So you have somebody who is endorsed by CAIR. That's really good.

He also was somebody who said, you know, he was -- he was for the shooting of the United Health Care CEO.

Said he was looking forward to driving down magnum Joan avenue. I don't know. Sounds like supporting people in the streets. Maybe it's just me.

Then he also said that he was going to globalize the intifada, which I think that's -- maybe -- maybe that's just me.

I mean, what do I know?

Tim Miller who is a podcaster. Asked him a few weeks ago. Asked him about his pro Palestinian slogan. Globalized the intifada. And he said, for me, ultimately, what I hear in so many, is a desperate desire for equality and equal rights, in standing up for Palistinian human rights. Oh, is that what you hear, Mr. CAIR?

Really? Huh, that's interesting.

Right. So globalize the intifada.

I mean, I mean, sure, that's -- I mean well, let me go on.

Because I don't want to take him out of context.

He then delved into the semantics of the intifada, citing the United States Holocaust memorial museum's use of a word for a translation for uprising, in an Arabic version of an article, a museum published about the Warsaw ghetto.

Oh!

So this is just a comparison, about the -- the armed rebellion against the Nazis!

I don't know if that makes me feel better!

I mean, if we're globalizing that.

We're the Nazis in this scenario.

Because I don't think it's the Palestinians.

I certainly don't think it's anybody who is like, hey.

Global jihad. I don't think it's those guys.

Or the Nazis. Who are the Nazis in that?

And it seems, if that's what you mean, then it's not just a harmless kind of slogan about human rights. It is a call for violence on the streets.

Because I don't know if you know, that's what happened when the Jews had their uprising against the Nazis.

I'm just saying!

But, hey, hey, free Palestine.

Oh, that's not what that means, gang. That is not what that means, but don't worry about it. He's just going to be possibly the new mayor.

And that's great. By the way, the Columbia faculty members signed a letter defending Hamas.

They were also among the donors to his mayoral campaign.

So, you know, you don't have anything to worry about.

And his father, who used to work at Columbia. Do you know, Stu?

Is his Dad -- is he still a professor at Columbia University?

He said that -- this violent terror thing of Islam, is not a part of Islam. Now, I've read the Koran, and much of the hadith.

And I'm pretty sure the violence is a part of that. But no.

No. This is something entirely new.

And his father while at Columbia university, wanted everybody to know, that this is actually -- this is something that came out of America!

America is really responsible for this.

And, you know, it really started with the Reagan administration, you know, when he started -- when he started with his very religious terms, to finish the war against the evil empire.

So, you know, that's where -- that's where 9/11 came from.

Is what -- don't worry about it! Don't worry about it!

Because who am I? I'm clearly just -- am I an anti-Semite today, or am I an Islamophobic? I can't remember which one.

Oh, it's probably both. Anyway, Islamophobia. Let me just explain Islamophobia. I haven't even gotten to the Communist part of it. Which is really, really -- New York, you're in one for hell of a ride. Buckle up.

It will be a fun rollercoaster for you. My gosh, I've never been happier that I've been away are if New York.

Anyway, I just want I to know, there is Islam. And then there is Islamists. Now, an Islamist is somebody who really wants Sharia law.

That's political Islam!

That's not a faith. That's political Islam.

Now, let me make really -- something really clear. Criticizing Islamism, is not Islamophobia. Pointing out the dangers of, oh. I don't know.

Political Islam. The ideology that seeks to use the tools of democracy, ultimately to destroy democracy, is not an attack on Muslims.

No. Uh-uh.

You know why?

Because Muslims are often the first people in line.

The first victims of the ideology.

So let's draw a bright, bright line between Islam as a faith, millions of people can practice that faithfully and peacefully.

It's mostly peaceful, okay?

Then there's the Islamism.

Islamism is something entirely -- that's a political project.

A theocratic political -- oh. Left loves theocracies. They love it.

Of course, you never see a problem with it.

See it when an Islamist is touting it. Anyway, it's not about prayer. It's not about fasting. It's not about spiritual life.

It's all about power. It's about merging of mosque and state. It's about implementing Sharia, not as a personal code of conduct. But as a governing legal system.

And it's -- it's supremacy.

Absolutely. Faith.

Religion.

It's -- there's one thing that's supreme.

It's misogynistic.

Deeply intolerant of all kinds of things.

Descent. Secularism. Other faiths. Even competing interpretations from inside the faith itself.

It will behead them too.

So let's -- let's be honest here for a second.

You know, CAIR should be labeled an international terror organization.

In my opinion. In my opinion.

Oh, does that make me -- that makes me an Islamophobe. I'm sure. I'm sure they will start a campaign against me on being an Islamophobe.

Stand in line, guys. You've been doing it since 2001, okay?

I don't really care. And I don't think the American people. I think that record, all the grooves are worn-out on that one, okay?

This is not a religion we're talking about. When we're talking about Sharia law. And we're talking about globalize the intifada. What does that mean, actually, to globalize it?

Does that mean we now want to do what is happening to Israel? All over the world?

Has the Palestinian plight become our plight you now, as Americans?

That there has to be an intifada here!

Because it's the kind of the same. You know. It's kind of the same over, you know, with what the Palestinians are going through.

Well, it's very much like what the Jews went through with the Nazis.

That's a weird one. That one makes my head hurt. It's very much the same as that. And very much the same as the fight against Donald Trump.

Oh, this is going to be fun. It's fun!

Really fun. You know, the irony here is, the ones that will scream Islamophobia the most, are the ones in the progressive left, the champions of feminism, LGBTQ rights. And secularism.

They're going to -- no. You want -- they're going to stand with the people, who want to kill them first.

See, this is how smart they are!

This is why it's going to work out well, in New York City.

Let me just say. If you have an ounce of common sense, you run a business, you have an ounce of wealth. And I don't mean wealth like, you know, hey, Lovey.

Let's get on the boat for a three-hour tour with a suitcase full of cash. I mean you saved anything, anything, get the hell out of New York City.

I mean, this is about survival. This is about free speech. This is about women's rights.
Religious pluralism. Secular legal systems. Liberal democracy.

But it's also about failed principles of Communism. Okay?

First, you have to call out political Islam for what it is. Okay?

And we have to do it with the clarity that we call out white nationalism.

Got to do it with that. Got to -- you know, the Klan. Really bad people.

Really bad people.

Anybody who is shouting for globalized intifada?

Pretty bad. Pretty bad people.

Okay?

Now, let's get to communism.

Because that's another cool, cool angle of the new Democratic candidate for -- for mayor of New York City.

That I just -- I think is cuddly and cute. Sure, it led to 100 million deaths. But this time, New York is going to be radically different. Oh, did I use the word radical?

I didn't mean to use that. What's radical about this guy?

Nothing. He's just like you!

Well, not exactly.

But let's talk about communism, next!

Now, the new mayoral candidate that's running there in New York City. That so many young people rushed to defend and vote for. He's promising free buses.

That's going to work out.

Where are you going to get the money for free buses.

It's free!

City-run grocery stores.

Oh, rent freezes. And finally somebody has done it. A 30-dollar minimum wage.

So under the banner of equity. And, you know, we will tax the wealthy. And the corporations. You know, we're going to squeeze another $10 billion out of them.

Really?

Because they're going to call a U-Haul.

You know, they will call something like U-Haul. There will be a lot of -- there will be a lot of movers that are like, how do I get the truck back from Texas or Florida back up to New York? Nobody is moving up there.

But he's going to do it.

Now, his vision isn't really new. You know, just -- just tax people, so we could have city-run grocery stores. You know, I remember -- I'm old enough to remember those city-run grocery stores in Moscow.

They were great.

The shelves were empty.

But that's just Moscow.

It worked out completely different in Venezuela.

Where, oh, no.

It didn't. That's right. The grocery store.

They were eating the zoo animals.

But it will be different in New York.

Because they have rent controls too.

And that will just choke the housing supply, but don't worry. As a young family.

You know, you voted for it.

You know better.

It will work this time.

So, you know, I like building ideas, I just don't like usually building on the graves of 100 million people.

But, you know, why not? Why not?

You know, use this dogma.

And this time, it will be different. It's not like it was in China. Where the great leap forward, was a gross -- a gross parody of progress. Venezuela, which was oil rich. One of the richest nations in the hemisphere now sees 90 percent of its population in poverty!

Yeah. Darn it. You know what they did?

They decided to take state control of things.

You know, like grocery stores. And it worked out well. How is that free busing working out in Venezuela?

I just want to -- I just want to know.

Anyway, then you've got the globalize the intifada. Which is going to drop a little violence in, and anti-Semitism in with your communism.

Which is weird!

Because violence and anti-Semitism, always happen. When it -- when it comes to -- when it comes to communism.

This is weird!

I've got to play something for you. Because this has talked about on me earlier this morning.

Oh, wow.

Wait a minute. This is -- this is the whole coalition coming together here.

So this is going to be good. New York, this is going to be great.

It's going to be great for you.

No. He's going to uplift you. Then the social fabric of New York City is just going to be -- just one.

It's going to be fantastic. Don't worry about your 120 billion dollars in debt. Or your 10 billion-dollar deficit that you have right now.

You are going to charge the rich more taxes, and they will stay right there.

They will be like, you know what, that 46 percent in taxes that I'm paying, this is just not enough. It's just not enough.

I need to pay 60 or 70 percent to be able to pay my fair share. So that's good. That's good. That's good.

You know, they're not risking 100 million people. It's just 8 million people.

This time, it's just 8 million people.

But, hey. For those of you in upstate New York. That aren't going to be part of this experiment.

Don't worry, you get to pay for it. Because they'll kick it up to the state. The state will have to subsidize everything. And don't you love it?

Really, don't you want to subsidize the really crazy ideas of New York City?

I mean, why don't you have a -- why don't you have a democratic socialist. A/k/a communist mayor.

Why haven't you done that? Are you not progressive enough? Are you not looking into the future?

Are you stuck in the past?

I don't know. I don't know. The graveyard is pretty big. I have a hard time getting past that one. You know, yeah, so I'm stuck in the past. Because I can't seem to pass that graveyard, and get to be down the path with you. But it's going to be a paradise.

Forget arithmetic. You know, or human nature. This time, it's going to work. It's going to work. So all right!

Wish I lived in this morning.

No wait. Nope. I don't. Nope, I don't.

And Ted Cruz, stop it. Stop writing, hey, come to Texas. No. No. Don't come to Texas. Don't come to Florida. Go to California. It's beautiful this time of year. Go there. Go there.