Congressional Republicans launched a formal investigation into the Biden administration on Friday following its decision to sell a Chinese state-controlled company nearly one million barrels of oil from the U.S. Strategic Petroleum Reserve, according to a copy of the probe obtained exclusively by the Washington Free Beacon. The probe comes on the heels of a Free Beacon report detailing how the Biden administration sold China oil from the U.S. reserves amid a crippling energy crisis that has sent consumer prices skyrocketing. Rep. Pat Fallon (R., Texas), a member of the House Oversight and Reform Committee, is spearheading the investigation along with six of his GOP colleagues, including Reps. Ronny Jackson (Texas) and Ralph Norman (S.C.).

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