DOE Puts 86 Million Barrels Up for Exchange at Once
James Forrestal Building, 1000 Independence Avenue SW, Washington, D.C. 20585, United StatesUS Department of Energy
CONFIRMEDDate confidence: CONFIRMEDStated as firmHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all CONFIRMED pins92% CONFIDENCEOverall confidence: 92%How well the pin's source and references back up its dates.Weighted average of how firmly 3 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or betterDOE's press release announcing the RFP is dated 13 March 2026 and gives the bid deadline of 5:00 p.m. CT on 17 March 2026.[1]
The first tranche of the 172-million-barrel release went out as a request for proposals on 13 March 2026, covering 86 million barrels from Bryan Mound, West Hackberry and Bayou Choctaw. Bids were due the following Tuesday, and the borrowers must hand the oil back with extra barrels on top.