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Bill > AR135
NJ AR135
NJ AR135Opposes President Biden's revocation of Presidential Permit for Keystone XL pipeline.
summary
Introduced
05/02/2024
05/02/2024
In Committee
05/02/2024
05/02/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
This resolution expresses the Assembly's opposition to the revocation of the Presidential Permit granted to TC Energy for construction of the Keystone XL pipeline. The Keystone XL Pipeline is a proposed project that would have added up to 830,000 barrels of oil per day to the United States oil supply. The resolution asks President Biden to reconsider his decision and to reverse course in the best interest of American energy security, economic interests, and environmental impacts. If President Biden fails to reinstate the Presidential Permit, this resolution then calls on the United States Congress to overturn President Biden's decision to revoke the permit. Based on analyses performed by the U.S. Department of Transportation and the Fraser Institute, a nonpartisan think tank, the Keystone XL pipeline would likely reduce the transportation costs, incidence of oil spills, and frequency of safety incidents that are involved with the transportation of oil from the remote Western Canadian Sedimentary Basin. Canada currently holds the third largest proven oil reserves worldwide. Promoting a mutually beneficial trade relationship between the U.S. and Canada by constructing the Keystone XL Pipeline is in America's best interest with respect to energy security and economic, safety, and environmental concerns.
AI Summary
This resolution opposes President Biden's revocation of the Presidential Permit for the Keystone XL pipeline, a proposed infrastructure project by TC Energy that would transport up to 830,000 barrels of oil per day from Alberta, Canada, to the United States. The resolution argues that the pipeline is crucial for energy security, economic interests, and environmental safety, noting that pipeline transport is safer and more cost-effective than alternative methods like rail or truck. It requests that President Biden reconsider his decision to revoke the permit, which was originally granted by President Trump in 2019, and highlights the potential benefits of the project, including job creation, reduced transportation costs, lower risk of oil spills, and strengthening the trade relationship between the United States and Canada. If President Biden does not reinstate the permit, the resolution calls on the U.S. Congress to overturn the decision through legislation. The resolution also emphasizes that TC Energy has committed to making the pipeline carbon neutral by investing in renewable energy sources, and that Canada holds the third-largest proven oil reserves worldwide, making the pipeline strategically important for U.S. energy needs.
Committee Categories
Government Affairs
Sponsors (5)
Bob Auth (R)*,
Christian Barranco (R)*,
Michael Inganamort (R)*,
Dawn Fantasia (R),
Gregory Myhre (R),
Last Action
Introduced, Referred to Assembly Oversight, Reform and Federal Relations Committee (on 05/02/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/AR135 |
| BillText | https://pub.njleg.gov/Bills/2024/AR/135_I1.HTM |
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