Bryan Mound Lends Out Another 10 Million Barrels
Bryan Mound Strategic Petroleum Reserve, 1900 Bryan Mound Road, Freeport, Brazoria County, TX 77541, 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 pins88% CONFIDENCEOverall confidence: 88%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 1 April 2026 and sets the bid deadline at 11:00 a.m. CT on Monday 6 April 2026.[1]
DOE went back to the market on 1 April 2026 for a third exchange, this one drawn entirely from the Bryan Mound caverns outside Freeport, Texas. Bidders had until the following Monday, and a limited Jones Act waiver let them move the crude on foreign-flagged ships to get it to refiners faster.