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Energy Department Issues RFP to Continue Swift Execution of President Trump’s 172-Million-Barrel Strategic Petroleum Reserve Exchange
Estimated Value: $15,480,000,000
OpenUSEnergy & Utilitiesrfq
May 7, 2026
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Energy & Utilities
rfq
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AI Summary
This is a Request for Proposal (RFP) from the Department of Energy to continue the execution of President Trump's 172-million-barrel Strategic Petroleum Reserve exchange. The goal is to secure the global oil supply.
Line Items
Item
Qty
Unit
Est. Unit Price
Est. Total
Category
Crude Oil Exchange (Strategic Petroleum Reserve)
172000000
barrel
$90.00
$15,480,000,000.00
Energy
Transportation of Crude Oil
172000000
barrel
$1.00
$172,000,000.00
Transportation
Storage of Crude Oil
172000000
barrel
$0.50
$86,000,000.00
Energy
Logistics and Management Services
1
lot
$1,000,000.00
$1,000,000.00
Professional Services
Estimated Bid Value
$15,480,000,000.00
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