OPR News

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.

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

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.

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