The U.S. Department of Energy announced contracts have been awarded for 8.5-million-barrels of crude oil from the Strategic Petroleum Reserve’s emergency exchange at the Bryan Mound site.
DOE has issued a Request for Proposal for an additional emergency exchange of up to 30 million barrels of sweet crude oil from the Strategic Petroleum Reserve.
U.S. Secretary of Energy Chris Wright released the following statement regarding the International Energy Agency (IEA) and the U.S. Strategic Petroleum Reserve (SPR)