Office of Petroleum Reserves

Following a rigorous competitive selection process, the Department of Energy (DOE) today announced that Strategic Storage Partners, LLC has secured a $1.4 billion contract to manage and operate the Strategic Petroleum Reserve (SPR).

The New Purchase of 2.4 Million Barrels Closes Out the Emergency Revenues from the Biden-Harris Administration’s Emergency Sales in 2022 that Calmed Global Markets and Protected American Businesses and Consumers with a Reliable Supply of Fuel.

The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced solicitation to purchase up to 3.0 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).

The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that contracts have been awarded for the acquisition of 6.0 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).

The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced solicitation to purchase up to 6.0 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).

The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that contracts have been awarded for the acquisition of 3.4 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).

The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that contracts have been awarded for the acquisition of 2.5 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).

The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that contracts have been awarded for the acquisition of 1.5 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced a new solicitation for up to 1.5 million barrels of oil for delivery to the Strategic Petroleum Reserve’s Bayou Choctaw site in January 2025.

The New Purchase of 4.65 million Barrels Means Department of Energy has Purchased Over 40 Million Barrels, Showcasing the Biden-Harris Administration’s Commitment to Replenish the SPR at a Good Price, Maintain the SPR’s Operational Readiness, and Protect the Nation’s Energy Security

The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announces solicitation to purchase up to 4.5 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).

DOE Awards Contracts for the Sale of Northeast Gasoline Supply Reserve as Americans Hit the Road for Summer Driving Season

The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announces solicitation to purchase up to 6.0 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).

The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that contracts have been awarded for the acquisition of 3.0 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).

U.S. Department of Energy Announces Sale of Northeast Gasoline Supply Reserve as Americans Hit the Road for Summer Driving Season

The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that contracts have been awarded for the acquisition of 3.3 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced a solicitation for up to 3.3 million barrels of oil for delivery to the Strategic Petroleum Reserve (SPR) in October.

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced a solicitation for approximately 1.5 million barrels of oil for delivery to the Strategic Petroleum Reserve (SPR) in August. Additionally, on March 21, 2024, DOE will release another solicitation to purchase approximately 1.5 million barrels of oil for the Strategic Petroleum Reserve (SPR) for delivery in September.

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that contracts have been awarded for the acquisition of 3.25 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced a solicitation for approximately 3 million barrels of oil for delivery to the Strategic Petroleum Reserve (SPR) in September.

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that contracts have been awarded for the acquisition of 3.2 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that contracts have been awarded for the acquisition of 3.2 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).

New Solicitation for up to 3 Million Barrels Continues Biden-Harris Administration’s Commitment to Replenish Reserve at a Good Deal for American Taxpayers, Maintain the SPR’s Operational Readiness, and Protect the Nation’s Energy Security.

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that contracts have been awarded for the acquisition of 2.95 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced a solicitation for approximately 3 million barrels of oil for delivery to the Strategic Petroleum Reserve (SPR) in July 2024.

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced a solicitation for up to 3 million barrels of oil for delivery to the Strategic Petroleum Reserve (SPR) in June 2024.

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that contracts have been awarded for the acquisition of 3.1 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that contracts have been awarded for the acquisition of 3.2 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced a solicitation for up to 3 million barrels of oil for delivery to the Strategic Petroleum Reserve (SPR) in May 2024.

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced a solicitation for up to 3 million barrels of oil for delivery to the Strategic Petroleum Reserve (SPR) in April 2024.

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that contracts have been awarded for the acquisition of 3.0 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that contracts have been awarded for the acquisition of 2.1 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR), bringing the total to 3 million barrels for delivery to the Big Hill site.

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced a solicitation for up to 3 million barrels of oil for delivery to the Strategic Petroleum Reserve (SPR) in March 2024.

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserve announced a solicitation for up to 3 million barrels of oil for delivery in February 2024.

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that contracts have been awarded for the acquisition of 2.7 million barrels of U.S.-produced crude oil for the Strategic Petroleum Reserve (SPR).

Today, the U.S. Department of Energy’s (DOE) Office of Petroleum Reserve announced a supplemental solicitation for up to 3 million barrels of oil for delivery in January 2024.

October Solicitation for 6 Million Barrels Continues Biden-Harris Administration’s Commitment to Replenish Reserve at a Good Deal for American Taxpayers, Maintain the SPR’s Operational Readiness, and Protect the Nation’s Energy Security.

12 Million Barrels is Slated for Purchase by August 2023 Continuing the Biden-Harris Administration’s Effort to Replenish Reserve at a Good Deal for American Taxpayers, Maintain the SPR’s Operational Readiness, and Protect the Nation’s Energy Security

Purchase of 3.2 Million Barrels at an Average of $20 Less Than Sold, Advancing Efforts to Replenish Reserve at a Good Deal for American Taxpayers as DOE Maintains the SPR’s Operational Readiness and Protects the Nation’s Energy Security

Purchase of 3 Million Barrels and New Solicitation for Purchase of 3 Million Additional Barrels Advances Efforts to Replenish Reserve at a Good Deal for American Taxpayers, Maintain the SPR’s Operational Readiness, and Protect the Nation’s Energy Security

Purchase of 3 Million Barrels Advances Efforts to Replenish Reserves at a Good Deal for American Taxpayers, Maintain the SPR’s Operational Readiness, and Protect the Nation’s Energy Security.

The Office of Petroleum Reserves announced that contracts have been awarded for the purchase of crude oil from the Strategic Petroleum Reserve (SPR) to meet its Congressional obligation to sell 26 million barrels in Fiscal Year 2023.

The Office of Petroleum Reserves announced a Notice of Sale to meet its obligation to Congress to sell 26 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) in Fiscal Year 2023.

On December 16, U.S. Secretary of Energy Jennifer M. Granholm authorized the Strategic Petroleum Reserve (SPR) to conduct an exchange of 2,300,000 barrels of crude oil from the SPR.

First Fixed Price Replenishment is an Opportunity to Secure a Good Deal for Taxpayers and Strengthen Energy Security

Releases Are Part of President Biden’s Continued Action to Protect American Consumers, Address the Global Supply Disruption Caused by Putin’s Energy Price Hike, and Enhance Energy Security

DOE Will Issue Notice of Sale for Crude Oil from the Strategic Petroleum Reserve, Finalizes Rule to Replenish This Critical Tool for Addressing Global Supply Disruption and Enhancing Energy Security

The U.S. Department of Energy (DOE) today announced that contracts have been awarded for the purchase of crude oil from the Strategic Petroleum Reserve (SPR) following a Notice of Sale announced on September 19, 2022.

Notice is Part of Biden-Harris Administration’s Continued Action to Protect American Consumers and Address the Global Supply Disruption Caused by Putin’s Energy Price Hike

The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced an additional Notice of Sale of up to 20 million additional barrels of crude oil from the Strategic Petroleum Reserve (SPR).

The U.S. Department of Energy (DOE) today announced that contracts have been awarded for the purchase of crude oil from the Strategic Petroleum Reserve (SPR) following a Notice of Sale announced on June 14, 2022.

Releases Are Part of President Biden’s Comprehensive Plan to Help Protect Americans from Putin’s Price Hike at the Pump

Biden Administration Continues Actions to Provide Relief for American Consumers and Businesses Due to Putin’s Energy Price Hike

DOE to Initiate Transparent, Competitive Process to Replenish U.S. Emergency Crude Oil Distributed to Alleviate Global Supply Disruptions Caused by Putin’s War

DOE Issues Contract Awards For 30 Million Barrels of Crude Oil, Announces Plan For Third Emergency Sale to Address Continued Market and Supply Disruptions Related to President Putin’s War on Ukraine

International Energy Agency Member Countries Take Unprecedented Action to Address Continued Market and Supply Disruptions Caused by Russia’s Unprovoked Further Invasion of Ukraine

U.S. Department of Energy Announces Second Emergency Notice of Sale of Crude Oil From The Strategic Petroleum Reserve to Address Putin’s Energy Price Hike

DOE's Office of Fossil Energy and Carbon Management announced that contracts have been awarded for all 30 million barrels put up for sale from the ]Strategic Petroleum Reserve.

Today, the U.S. Department of Energy approved a twelfth exchange of 2.7 million barrels of crude oil for release to ExxonMobil from the Strategic Petroleum Reserve.

Today, DOE's Office of Fossil Energy and Carbon Management announced a Notice of Sale of crude oil from the Strategic Petroleum Reserve.

Today, U.S. Secretary of Energy Jennifer M. Granholm released this statement following an emergency meeting of the International Energy Agency (IEA) member countries in response to Russia’s invasion of Ukraine.

Today, the U.S. Department of Energy (DOE) approved seven additional exchanges of 13.4 million barrels of crude oil for release from the Strategic Petroleum Reserve (SPR).

DOE approved a fifth exchange of 400,000 barrels of crude oil for release to Atlantic Trading and Marketing, Inc. from the Strategic Petroleum Reserve.

Today, DOE announced that contracts have been awarded from the recent Congressionally-mandated Strategic Petroleum Reserve crude oil sale.

DOE approved a third exchange of two million barrels of crude oil for release to ExxonMobil from the Strategic Petroleum Reserve.

DOE approved a second exchange of 250,000 barrels of crude oil for release to Marathon Petroleum Company from the Strategic Petroleum Reserve.

Following President Biden’s Decisive Action in November to Address Supply Gap, DOE Announces 18 Million Barrels of Crude Oil for Sale on December 17 and Approves First Exchange

Washington, D.C. – Today, following the President’s announcement yesterday to release 50 million barrels of Strategic Petroleum Reserve (SPR) crude oil through a competitive exchange for up to 32 million barrels and a sale for up to 18 million barrels.

Today, the U.S. Department of Energy announced the release of 50 million barrels of crude oil from the Strategic Petroleum Reserve (SPR). The SPR release will consist of a 32-million-barrel exchange solicitation to be open to the public on November 24.

The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management announced that contracts have been awarded from the recent Congressionally-mandated Strategic Petroleum Reserve (SPR) crude oil sale.

Today, the Department of Energy authorized the Strategic Petroleum Reserve (SPR) to conduct a second exchange with ExxonMobil Baton Rouge for an additional 1,500,000 barrels of crude oil. 

The U.S. Secretary of Energy Jennifer M. Granholm authorized the Strategic Petroleum Reserve (SPR) to conduct an exchange with ExxonMobil Baton Rouge to alleviate any logistical issues of moving crude oil within areas affected by Hurricane Ida.

The U.S. Department of Energy's (DOE) Office of Fossil Energy and Carbon Management (FECM) announced a Notice of Sale of crude oil from the Strategic Petroleum Reserve (SPR). DOE intends to sell up to 20 million barrels of crude oil from the SPR.

The U.S. Department of Energy’s Office of Fossil Energy announced today a Notice of Sale of crude oil from the Strategic Petroleum Reserve.

U.S. Department of Energy’s (DOE) Office of Fossil Energy (FE) announced a Notice of Sale of crude oil from the Strategic Petroleum

DOE plans to draw down and sell crude oil from three SPR sites—Bryan Mound and Big Hill in Texas, and West Hackberry in Louisiana.

Today, the U.S. Department of Energy currently plans to sell crude oil from the Strategic Petroleum Reserve.

How the Strategic Petroleum Reserve Helps Oil Refiners Weather the Storm

DOE today announced it is negotiating contract awards with nine U.S. companies for the purpose of storing their U.S. produced crude oil.

Today, the U.S. Department of Energy (DOE) announced asolicitation to immediately make 30 million barrels of the Strategic Petroleum Reserve’s (SPR’s)

At the direction of the President of the United States, Donald J. Trump, the Department of Energy (DOE) will fill the Strategic Petroleum Reserve.

Since its inception in 1991, more than 300,000 high school students have participated in this fast-paced question and answer contest.

Today, the United States and Australia have signed a milestone arrangement that lays the groundwork for Australia to lease space in the U.S. Strategic

In light of the recent fluctuations in global oil markets...