November 23, 2021

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Summary of 50 Million Barrel Release from the Strategic Petroleum Reserve

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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DOE To Make Available A Release Of 50 Million Barrels Of Crude Oil From The Strategic Petroleum Reserve

At the direction of President Biden, U.S. Secretary of Energy Jennifer M. Granholm authorized that 50 million barrels of crude oil from the U.S. Department of Energy’s (DOE) Strategic Petroleum Reserve (SPR) be made available.

November 9, 2021

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Department of Energy Announces Intent to Fund Projects for Geologic Carbon Storage

Today, the U.S. Department of Energy’s Office of Fossil Energy and Carbon Management announced its intent to fund cost-shared research and development to accelerate the wide-scale deployment of carbon capture and storage and carbon dioxide removal.

November 5, 2021

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Secretary Granholm Launches Carbon Negative Earthshots to Remove Gigatons of Carbon Pollution from the Air by 2050

U.S. Secretary of Energy Jennifer M. Granholm announced the U.S. Department of Energy’s (DOE’s) new goal to remove gigatons of carbon dioxide (CO2) from the atmosphere and durably store it for less than $100/ton of net CO2-equivalent.