Arkansas Senate Bill SR34

Arkansas 2022 Regular Session

• Introduced: 3/1/22
• Refer: 3/1/22
• Failed: 3/15/22

Caption

To Encourage The United States Government To Resume The Keystone Xl Pipeline Project.

Impact

The passage of SR34 could have significant implications for state and national energy policies. If the U.S. government were to heed this resolution, it might lead to a regulatory and operational shift regarding pipeline construction and operation, aiming for higher domestic oil production levels. This would potentially reduce reliance on imports from volatile regions and enhance national energy security through increased availability of home-grown resources.

Summary

Senate Resolution 34 (SR34) aims to encourage the United States government to resume the Keystone XL Pipeline project. The resolution references the rising oil prices caused by geopolitical conflicts, specifically the tension between Russia and Ukraine, which has resulted in increased dependence on foreign oil supplies. By reinstating this project, the resolution posits that the U.S. can enhance its energy independence and alleviate the financial strain on American citizens facing rising gas prices due to inflation.

Contention

Notably, the Keystone XL Pipeline has been a topic of contention due to environmental concerns expressed by various advocacy groups. Critics of the project argue that it poses risks to natural ecosystems and contributes to climate change, while proponents believe it is essential for economic stability and reducing energy costs. The resolution does not directly address these environmental concerns, which could ignite further debates about balancing energy independence with environmental responsibility.