Skip to Content

House votes to block China from buying oil from US reserves

KIFI

By MATTHEW DALY
Associated Press

WASHINGTON (AP) — The Republican-controlled House has voted to block oil from the country’s emergency stockpile from going to China. Republicans say the bill would help end what they call President Joe Biden’s “abuse of our strategic reserves.” Biden withdrew 180 million barrels from the reserve last year in a bid to halt rising gasoline prices after a ban on Russian oil imports following its invasion of Ukraine. Democrats say Republicans are trying to fix a problem of their own making. China is among numerous potential adversaries that buy U.S. oil after the GOP-led Congress lifted an export ban in 2015.  Last year, millions of barrels of oil from the U.S. reserves wound up being exported to China.

Article Topic Follows: AP National Business

Jump to comments ↓

Author Profile Photo

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content