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- Mar 13, 202690% CONFIDENCEfrom the source
DOE Puts 86 Million Barrels Up for Exchange at Once
- The RFP covered 86 million barrels, the first tranche of the 172-million-barrel exchange, from Bryan Mound, West Hackberry and Bayou Choctaw[1]
- Bids were due by 5:00 p.m. Central Time on Tuesday 17 March 2026, and early deliveries were expected to reach the market by the end of the following week[1]
- Companies return the borrowed oil with additional barrels as a premium, so the reserve grows at no cost to taxpayers[1]
- That first phase awarded about 45.2 million barrels across the three sites[2]
References 392% CONFIDENCE
The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.
- [1]90%energy.gov/articles/energy-department-initiates-strategic-petroleum-reserve-emergency-exchange-stabilizeenergy.gov· Posted Sep 22, 2026· Starts Mar 13, 2026 ✓· 33% of score
DOE'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.
- [2]90%Energy Department Initiates Additional Strategic Petroleum Reserve Emergency Exchange to Stabilize Global Oil Supplyenergy.gov· Added Sep 22, 2026· 33% of score
DOE's next solicitation, which reports how much the first phase actually awarded (45.2 million barrels).[1]
- [3]95%United States to Release 172 Million Barrels of Oil From the Strategic Petroleum Reserveenergy.gov· Added Sep 22, 2026· 33% of score
The authorisation this solicitation executes.[1]
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