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KalshiKalshi· Economics

Will the U.S. Department of Energy announce issuing a solicitation to exchange or sell crude oil from the Strategic Petroleum Reserve before Jan 1, 2027?

Chance

42%

Buy Yes

46¢

pays $1 if it happens

Buy No

63¢

pays $1 if it doesn’t

Prices from Kalshi, updated 4 minutes ago. Ends Jan 1, 4:59 AM UTC.

Price over the last 2 weeks
Cost of a Yes share
How this market is decidedShow

If the U.S. Department of Energy announces issuing a solicitation to exchange or sell crude oil from the Strategic Petroleum Reserve before Jan 1, 2027, then the market resolves to Yes. A solicitation means a competitive Request for Proposal or Notice of Sale formally issued by the U.S. Department of Energy and open for bids. The solicitation must be newly issued after this market opens. An award announcement, amendment, extension or re-issuance of a solicitation issued before that date does NOT count A solicitation to purchase or acquire crude oil to refill the Reserve does NOT count A statement of intent, a budget proposal, congressional testimony or an inventory report that does not itself open a bidding process does NOT count A solicitation that is issued and later cancelled before award still counts, because the trigger is the issuance