Learn more about Petroleum Reserves

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.

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