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Energy Department Authorizes Strategic Petroleum Reserve Exchange to Support Fuel Supply in Gulf Coast

Press Releases

July 11, 2025
- Refilling the Strategic Petroleum Reserve (SPR)
- Petroleum Reserves
The U.S. Department of Energy today announced the authorization of an exchange from the Strategic Petroleum Reserve with ExxonMobil Corporation to address logistical challenges impacting crude oil deliveries to the company’s Baton Rouge refinery.

Energy.gov
ICYMI: ENERGY SECRETARY: It’s Time to Stop Subsidizing Solar and Wind in Perpetuity

Press Releases

June 28, 2025
Subsidies are meant to drive prices down and boost supply. But subsidizing wind and solar has done exactly the opposite.

Energy.gov
Department of Energy Awards Management and Operating (M&O) Contract for Strategic Petroleum Reserve

Press Releases

April 3, 2025
- 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).

Energy.gov