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Bill > HCR3016


ND HCR3016

ND HCR3016
A concurrent resolution recognizing the benefits of enhanced oil recovery and encouraging the State of North Dakota and federal government to maintain favorable policies that support the development of carbon capture technology and utilization of carbon dioxide as a commodity for advancing energy security.


summary

Introduced
01/30/2025
In Committee
03/13/2025
Crossed Over
02/18/2025
Passed
03/18/2025
Dead
Signed/Enacted/Adopted
03/20/2025

Introduced Session

69th Legislative Assembly

Bill Summary

A concurrent resolution recognizing the benefits of enhanced oil recovery and encouraging the State of North Dakota and federal government to maintain favorable policies that support the development of carbon capture technology and utilization of carbon dioxide as a commodity for advancing energy security.

AI Summary

This concurrent resolution recognizes the significant economic and energy potential of enhanced oil recovery (EOR) in North Dakota's Bakken Formation, which currently produces 1.2 million barrels of oil per day and generates substantial tax revenues. The resolution highlights the importance of carbon capture technology in extending oil production by potentially unlocking several billion additional barrels of oil and supporting the state's energy industries. It encourages both the State of North Dakota and the federal government to maintain policies that support carbon dioxide capture and utilization as a valuable commodity for advancing energy security. Specifically, the resolution urges the federal government to develop policies that incentivize carbon dioxide use in enhanced oil recovery, increase partnerships with North Dakota's energy industries, and support the development of carbon capture technologies. The resolution also acknowledges the state's leadership in energy research and development and aligns with broader national goals of achieving energy dominance and security. As a formal legislative document, the resolution directs the Secretary of State to forward copies to key federal officials, including the President, the Secretary of Energy, the Secretary of the Interior, and North Dakota's Congressional Delegation.

Committee Categories

Agriculture and Natural Resources

Sponsors (7)

Last Action

Filed with Secretary Of State 03/21 (on 03/20/2025)

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