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ND HCR3016
Concurrent Resolution
Status
3/20/2025
Primary Sponsor
Anna Novak
Click for details
AI Summary
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Recognizes enhanced oil recovery methods could unlock several billion additional barrels of oil from the Bakken Formation and extend production by several decades
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Encourages North Dakota and the federal government to maintain favorable policies supporting carbon capture technology development and carbon dioxide utilization as a commodity
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Urges the federal government to develop policies incentivizing carbon dioxide use for enhanced oil recovery and to increase partnership with North Dakota's energy industries
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Highlights economic contributions: the oil industry generates approximately $8 million per day in tax revenues ($26 billion since 2008), while the coal industry supports nearly 12,000 jobs and contributes $2 billion in GDP
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Directs the Secretary of State to forward copies to the President, Secretaries of Energy and Interior, and North Dakota's Congressional Delegation
Legislative Description
A concurrent resolution recognizing the benefits of enhanced oil recovery and encouraging the State of North Dakota and federal government to maintain favorable policies that support the development of carbon capture technology and utilization of carbon dioxide as a commodity for advancing energy security.
Last Action
Filed with Secretary Of State 03/21
3/20/2025