Purchase of Approximately Three (3) Million Barrels of US Produced Sour Crude Oil for the Strategic Petroleum Reserve
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The U.S. Department of Energy through its Office of Cybersecurity, Energy Security and Emergency Response is forecasting the purchase of approximately three million barrels of domestically produced sour crude oil to replenish the Strategic Petroleum Reserve. This acquisition is intended to enhance national energy security by increasing the reserve’s inventory with crude oil that meets specific quality and sourcing criteria, ensuring the reserve remains stocked with commercially viable and strategically relevant crude. The procurement falls under NAICS code 424720, indicating it involves wholesale trade of petroleum and petroleum products, and is managed by the Department of Energy’s energy security division. The contract opportunity is currently in the forecast phase with no solicitation number assigned or set-aside provisions specified, meaning the opportunity is open to all eligible vendors without restriction based on business size or certification. The point of contact for small business inquiries is Jennifer Passaro and Walter Yamben, both serving as Small Business Program Managers and reachable via email. The place of performance and office address details are not yet defined, suggesting that logistics and delivery points will be determined during the formal procurement process. The posting date of August 10, 2026, indicates this is a forward-looking forecast, and interested parties are advised to monitor official channels for the upcoming formal solicitation.
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