Chelsea Vernon

Chelsea Vernon

King & Spalding

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Government Offers Storage at the Strategic Petroleum Reserves for U.S. Produced Crude Oil

On Friday, March 13, President Trump announced he had directed the U.S. Department of Energy (the “DOE”) to begin purchasing oil for the Strategic Petroleum Reserves (the “SPR”). The DOE immediately took action on March 19 by...more

4/16/2020  /  CARES Act , Department of Energy (DOE) , Energy Sector , Oil & Gas , Petroleum , Request for Proposals , System For Award Management (SAM)

U.S. Produced Crude Oil Targeted for First Purchase for the Strategic Petroleum Reserves

Amid current low oil prices, there may be one bright spot for U.S. producers. On Friday, March 13, President Trump announced he has directed the U.S. Department of Energy (the “DOE”) to begin purchasing oil for the Strategic...more

3/31/2020  /  Department of Energy (DOE) , Federal Acquisition Regulations (FAR) , Federal Contractors , Oil & Gas , Oil Prices , Request for Proposals
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