News
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.
May 15, 2023
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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.
March 9, 2023
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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.
February 13, 2023
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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.
December 16, 2022
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First Fixed Price Replenishment is an Opportunity to Secure a Good Deal for Taxpayers and Strengthen Energy Security
December 16, 2022
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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
November 3, 2022
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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
October 18, 2022
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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.
October 7, 2022
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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
September 19, 2022
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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).
July 26, 2022
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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.
July 11, 2022
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Releases Are Part of President Biden’s Comprehensive Plan to Help Protect Americans from Putin’s Price Hike at the Pump
June 14, 2022
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Biden Administration Continues Actions to Provide Relief for American Consumers and Businesses Due to Putin’s Energy Price Hike
May 24, 2022
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DOE to Initiate Transparent, Competitive Process to Replenish U.S. Emergency Crude Oil Distributed to Alleviate Global Supply Disruptions Caused by Putin’s War
May 5, 2022
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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
April 21, 2022
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International Energy Agency Member Countries Take Unprecedented Action to Address Continued Market and Supply Disruptions Caused by Russia’s Unprovoked Further Invasion of Ukraine
April 7, 2022
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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
April 1, 2022
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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.
March 16, 2022
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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.
March 7, 2022
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Today, DOE's Office of Fossil Energy and Carbon Management announced a Notice of Sale of crude oil from the Strategic Petroleum Reserve.
March 2, 2022
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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.
March 1, 2022
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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).
January 25, 2022
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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.
January 18, 2022
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Today, DOE announced that contracts have been awarded from the recent Congressionally-mandated Strategic Petroleum Reserve crude oil sale.
January 13, 2022
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DOE approved a third exchange of two million barrels of crude oil for release to ExxonMobil from the Strategic Petroleum Reserve.
December 30, 2021
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DOE approved a second exchange of 250,000 barrels of crude oil for release to Marathon Petroleum Company from the Strategic Petroleum Reserve.
December 23, 2021
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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
December 10, 2021
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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.
November 24, 2021
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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.
November 23, 2021
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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.
September 10, 2021
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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.
September 9, 2021
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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.
September 2, 2021
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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.
August 23, 2021
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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.
February 11, 2021
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U.S. Department of Energy’s (DOE) Office of Fossil Energy (FE) announced a Notice of Sale of crude oil from the Strategic Petroleum
February 28, 2020
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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.
February 28, 2019
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Today, the U.S. Department of Energy currently plans to sell crude oil from the Strategic Petroleum Reserve.
January 14, 2021
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DOE today announced it is negotiating contract awards with nine U.S. companies for the purpose of storing their U.S. produced crude oil.
April 14, 2020
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Today, the U.S. Department of Energy (DOE) announced asolicitation to immediately make 30 million barrels of the Strategic Petroleum Reserve’s (SPR’s)
April 2, 2020
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At the direction of the President of the United States, Donald J. Trump, the Department of Energy (DOE) will fill the Strategic Petroleum Reserve.
March 19, 2020
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Since its inception in 1991, more than 300,000 high school students have participated in this fast-paced question and answer contest.
March 12, 2020
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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
March 10, 2020
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