New Jersey 2022-2023 Regular Session

New Jersey Assembly Bill AR124

Introduced
3/14/22  

Caption

Urges US Congress and President to increase domestic energy production and lessen regulatory barriers thereto.

Impact

By calling for the removal of barriers to domestic energy development, this resolution aims to bolster the nation's energy independence and restore a sense of national security. It emphasizes that reduced reliance on oil imports, especially from volatile regions like the Middle East, Russia, and Venezuela, would stabilize prices. Furthermore, the resolution suggests that increasing local production could lead to job creation and more stable trade relations, particularly with Canada.

Summary

Assembly Resolution No. 124 urges the United States Congress and the President to prioritize increasing domestic energy production and reducing regulatory barriers. The resolution highlights the ongoing reliance of the United States on fossil fuels for gasoline, diesel, and jet fuel, even as discussions regarding renewable energy intensify. With gas prices significantly rising, exacerbated by external factors such as the recent geopolitical crisis caused by Russia's invasion of Ukraine, the resolution seeks to address urgent economic and security concerns.

Contention

The resolution implicitly raises questions about the balance between energy independence and environmental considerations. While proponents argue for the need to enhance energy production and lower costs, critics may point to the environmental impacts associated with increased fossil fuel extraction. Further debate may arise surrounding the benefits versus the risks of such measures, particularly regarding regulatory reforms and the potential revival of projects like the Keystone XL Pipeline.

Companion Bills

NJ SR74

Same As Urges US Congress and President to increase domestic energy production and lessen regulatory barriers thereto.

Previously Filed As

NJ AR75

Urges US Congress and President to increase domestic energy production and lessen regulatory barriers thereto.

NJ SR74

Urges US Congress and President to increase domestic energy production and lessen regulatory barriers thereto.

NJ AR103

Urges federal government to approve construction of oil and natural gas pipelines within United States including those that have been shut down or have had approval denied.

NJ AR28

Urges federal government to approve construction of oil and natural gas pipelines within United States including those that have been shut down or have had approval denied.

NJ SR87

Urges federal government to approve construction of oil and natural gas pipelines within United States including those that have been shut down or have had approval denied.

NJ HR142

A RESOLUTION urging the Biden Administration to remove the barriers it has imposed on the energy industry by opening onshore and offshore federal oil and gas lease sales, supporting critical energy infrastructure projects, and reducing the federal regulatory burden on energy producers.

NJ AR113

Opposes President Biden's revocation of Presidential Permit for Keystone XL pipeline.

NJ AR135

Opposes President Biden's revocation of Presidential Permit for Keystone XL pipeline.

NJ SR57

Opposes President Biden's revocation of Presidential Permit for Keystone XL pipeline.

NJ SR58

Opposes President Biden's revocation of Presidential Permit for Keystone XL pipeline.

Similar Bills

NJ AR75

Urges US Congress and President to increase domestic energy production and lessen regulatory barriers thereto.

NJ SR74

Urges US Congress and President to increase domestic energy production and lessen regulatory barriers thereto.

NJ AR103

Urges federal government to approve construction of oil and natural gas pipelines within United States including those that have been shut down or have had approval denied.

NJ AR28

Urges federal government to approve construction of oil and natural gas pipelines within United States including those that have been shut down or have had approval denied.

NJ SR87

Urges federal government to approve construction of oil and natural gas pipelines within United States including those that have been shut down or have had approval denied.

LA HCR4

Memorialize Congress to recognize that the Louisiana Coastal area is in a crisis that warrants federal attention and cooperation

NJ AR113

Opposes President Biden's revocation of Presidential Permit for Keystone XL pipeline.

NJ SR57

Opposes President Biden's revocation of Presidential Permit for Keystone XL pipeline.