Happy Monday! Welcome back to another week of ESC News Blog. We hope you enjoyed your weekend. Let’s get started.
You know we like to keep up with
the happenings at the Department of Energy’s SPR. Let’s dig in.
Did anyone
happen to read the U.S. Department of Energy’s Hydrocarbon and Geothermal
Energy Office Release on April 9, 2026, their announcement, “Energy
Department Continues Initiating Strategic Petroleum Reserve Emergency Exchanges”? In the announcement, it goes on to speak on
how the U.S. Department of Energy (DOE) recently (April 9th) published a notice
for Request for Proposal (RFP) from the Emergency Exchange Program for
approximately 30 million barrels of sweet crude oil from its West Hackberry SPR. This is the third RFP for exchange of crude
the DOE has published in recent weeks. The Strategic Petroleum Reserve (SPR) is accepting Proposals until Monday,
April 13, 2026, which was today; see News Release for specifics date and times. The parties whose proposal is accepted has
until 2027 to return the barrels with additional oil. We will keep you posted on anything
interesting we hear out of the DOE and the SPR. If you would like to read more of the Announcement
from the U.S. DOE’s Hydrocarbons and Geothermal Energy Office, please click
the link: Energy Department Continues Initiating Strategic Petroleum Reserve Emergency Exchanges| Department of Energy.
If you would
like help in looking into how to store your liquid hydrocarbon safely in
underground storage or just find out what is underneath your feet to help with
your emission reduction goals, contact us via email in the Blog and check out
our ESC website!
We hope you have a wonderful evening and a productive week. Good luck getting your income taxes in this
week!
**Disclaimer: Please see the Immediate Release from
the U.S. DOE for specifics. **