DOE’s 40-Million-Barrel SPR Contract Awards Mark a Procurement Milestone, Not Proof of Delivered Supply
The U.S. Department of Energy said on October 29 it awarded contracts for an exchange of more than 40 million Strategic Petroleum Reserve barrels from Big Hill and Bryan Mound. That is a more concrete step than earlier emergency authorizations, but the public record still does not show delivered crude, returned barrels or measurable price relief.
