Contains several whereas clauses. Directs the Department of Environmental Quality (DEQ), Division of Energy, Mineral, and Land Resources, with assistance from the North Carolina Utilities Commission staff, to study the condition, safety, and environmental impact of petroleum product pipelines in the state in order to recommend legislative changes or additional funding to improve pipeline safety. Appropriates $100,000 to DEQ in fiscal year 2021-2022 and $100,000 in fiscal year 2022-2023 be allocated to the Division to fund the study. Authorizes establishing time-limited positions using appropriated funds to support the study. Requires DEQ to report study findings and recommendations to the Joint Legislative Commission on Energy Policy by December 15, 2022. Provisions making appropriations are effective July 1, 2021, and remainder of the bill is effective upon becoming law.