WASHINGTON, D.C. – Today, the U.S. Department of Energy’s (DOE) Office of Fossil Energy (FE) announced a Notice of Sale of crude oil from the Strategic Petroleum Reserve (SPR).
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The Notice of Sale announced today includes a price-competitive sale of up to 12 million barrels of SPR crude. The sale will be conducted with crude oil from the following three SPR sites:
DOE must receive bids no later than 2:00 PM Eastern Time on March 10, 2020. DOE will award contracts to successful offerors no later than March 20, 2020. Deliveries will take place in April and May of 2020.
- Up to 6 million barrels from Bryan Mound, Texas
- Up to 3 million barrels from Big Hill, Texas
- Up to 3 million barrels from West Hackberry, Louisiana