Energy (Pipeline Infrastructure)

HB 2696 requires Arizona's Commerce Authority to prioritize reducing fuel and gas prices as its primary objective, using existing programs and resources until December 31, 2029. It mandates a study on repealing the state's cleaner gasoline blend, evaluating pipeline construction, strategic oil reserves, and potential refineries (including a proposed Yuma County site), with findings due by October 1, 2026. The study must involve collaboration with the oil and gas industry and include regular updates to legislative committees on fuel prices. This bill directly affects all Arizona residents through potential gas price impacts and the Commerce Authority's operational priorities.