HR 1036 Summary

• Encourages U.S. Congress and Arkansas congressional delegation to approve the Keystone XL Pipeline and remove barriers to oil and natural gas pipeline development.

• Calls for allowing new exploration and production leases on federal lands and federal waters to ensure reliable and affordable domestic energy supply.

• Asserts that President Biden's cancellation of Keystone XL on January 20, 2021 impacted 11,000 families and eliminated jobs at major employers like Welspun Tubular, LLC at Port of Little Rock.

• Claims federal leasing bans would cost nearly 1 million American jobs by 2022 and put $9 billion in government revenue at risk while increasing residential energy costs by $19 billion by 2030.

• Directs House Chief Clerk to provide copies to the Speaker of the U.S. House, Senate majority leader, and all Arkansas congressional delegation members for entry into the Congressional Record.