This bill would streamline the approval process for oil and natural gas pipelines deemed critical to national security by giving the Federal Energy Regulatory Commission exclusive authority to permit designated projects while blocking state and local governments from imposing conflicting rules. The President can designate pipelines as "covered projects" if they're necessary to supply military installations, defense industries, or critical infrastructure, and pipeline companies would gain expanded power to acquire private land through eminent domain after a brief negotiation period. The legislation sets strict timelines for federal approval of 180 days and state approval of 60 days, with requirements automatically deemed satisfied if agencies miss these deadlines, and allows the President to waive major environmental laws including the Clean Air Act and Endangered Species Act if needed to prevent delays. The bill affects pipeline companies, landowners whose property may be acquired, and states and localities that currently regulate pipeline projects within their borders, while Congress must be notified of all designations and waivers. No specific funding is allocated in the bill; all decisions on designated projects go to federal court for expedited review under a lenient legal standard.