WASHINGTON—The U.S. Department of Energy (DOE) today announced a new solicitation to purchase one million barrels of crude oil for delivery to the Strategic Petroleum Reserve (SPR) at the Bryan Mound site. The solicitation is in accordance with the Working Families Tax Cut which President Trump signed into law earlier this year. The legislation appropriated $171 million to begin refilling the SPR.
“After the previous administration recklessly drained the SPR for political purposes, President Trump promised to refill and manage this national security asset more responsibly,” said Secretary Wright. “Thanks to the President and Congress, we are able to begin the process of refilling the SPR. While this process won’t be complete overnight, these actions are an important step in strengthening our energy security and reversing the costly and irresponsible energy policies of the last administration.”
This announcement delivers on President Trump’s promise to rebuild America’s strategic strength and restore the reserve to full operational capacity. Currently, the SPR holds just over 400 million barrels of its 700 million barrel capacity.
The SPR was severely weakened by the previous administration’s reckless 180-million-barrel drawdown in 2022, which incurred nearly $280 million in costs, delayed critical infrastructure maintenance and put unprecedented wear and tear on storage and injection facilities.
The solicitation invites bids for an initial purchase of one million barrels of oil through a spot-price-indexed contract, with deliveries scheduled for December 2025 and January 2026. All notices of acquisition limit purchases to U.S. companies or U.S. subsidiaries of international companies with crude oil sourced from domestic production.
Bids for the solicitation are due no later than 11:00 A.M. CT on October 28, 2025.
For more information on the SPR please visit Infographic: Strategic Petroleum Reserve and Fact Sheet: Strategic Petroleum Reserve.
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