The resolution expresses the New Jersey General Assembly'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 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 fostering a beneficial trade relationship with Canada, which holds significant oil reserves. The Assembly argues that the pipeline would provide a safe, economical, and environmentally sound method of transporting oil, especially as demand is expected to rise post-COVID-19.

Furthermore, the resolution calls on President Biden to reconsider his decision, emphasizing the potential economic benefits, including the creation of up to 11,000 jobs, and the environmental advantages of pipeline transport over rail. If the President does not reinstate the permit, the Assembly urges Congress to take legislative action to overturn the revocation. The resolution highlights the importance of maintaining energy independence and securing a reliable oil supply from Canada, while also addressing safety and cost concerns associated with oil transportation methods.