The resolution expresses the New Jersey Senate's opposition to President Biden's decision to revoke the Presidential Permit for the Keystone XL pipeline, which was initially granted by President Trump in March 2019. The Keystone XL pipeline, proposed by TC Energy, aims to transport up to 830,000 barrels of oil per day from Canada to the United States, thereby enhancing energy security and supporting economic growth. The resolution highlights the anticipated rise in petroleum demand post-COVID-19 and argues that the pipeline would provide a safe, reliable, and cost-effective means of transporting oil, as opposed to more hazardous methods like rail or truck transport.

Furthermore, the resolution calls on President Biden to reconsider his decision, emphasizing the potential job creation associated with the pipeline's construction and operation, estimated at up to 11,000 high-paying jobs. It also urges Congress to take legislative action to overturn the President's decision if he does not reinstate the permit. The resolution underscores the importance of maintaining a strong trade relationship with Canada, which holds significant oil reserves, and argues that the pipeline's construction aligns with the United States' best interests in terms of energy security, economic stability, and environmental safety.