President’s FY 2018 Budget Includes $479.8 Million for Fossil Energy Programs

President Trump’s Fiscal Year (FY) 2018 budget seeks $479.8 million for the Office of Fossil Energy (FE). The request includes:

• $280 million for Fossil Energy Research and Development (FER&D), which includes research and development and program direction for the programs in Carbon, Capture and Storage and Power Systems; Natural Gas Technologies; and Unconventional Fossil Energy Technologies; as well as funding for the National Energy Technology Laboratory’s infrastructure, operations, and research and development; and

• $199.8 million for the Office of Petroleum Reserves, which includes the Strategic Petroleum Reserve and related Petroleum Account, the Naval Petroleum and Oil Shale Reserves, and the Northeast Home Heating Oil Reserve.

In addition to the discretionary budget proposal, the President’s FY 2018 Budget also includes a mandatory budget proposal for the half-liquidation sale of the SPR to achieve deficit reduction.

More details on the Department of Energy’s and the Office of Fossil Energy’s FY 2018 Congressional Budget Request can be found in the Department's Budget Factsheet and Budget in Brief.