2015 Regular Session ENROLLED
SENATE CONCURRENT RESOL UTION NO. 94
BY SENATORS CHABERT AND PEACOCK
A CONCURRENT RESOL UTION
To memorialize the Congress of the United States to eliminate the current ban on crude oil
exports.
WHEREAS, the efficient exploration, production, and transportation of oil in
Louisiana prevents waste of the state's natural resources; contributes to the health, welfare,
and safety of the general public; and promotes the prosperity of the state; and
WHEREAS, the tax revenues and economic prosperity deriving from this Louisiana
energy renaissance have greatly benefitted Louisiana public schools, higher education,
critical infrastructure development, and public health and safety programs; and
WHEREAS, improved technologies and abundant resources have made the United
States of America the world's leading oil and natural gas producer, overtaking Saudi Arabia
and Russia; and
WHEREAS, the 1970s-era federal law prohibiting crude oil exports is a relic from
an era of scarcity and flawed price control policies; and
WHEREAS, allowing American crude oil exports will strengthen U.S. geopolitical
influence by giving our trading partners a more secure source of supply, and allowing the
export of American crude oil will make our allies less dependent on crude oil from Russia
and the Middle East; and
WHEREAS, the world's other major developed nations allow crude oil exports,
making the U.S. the only nation that does not take full advantage of trading a valuable
resource in what is an otherwise global free market; and
WHEREAS, crude oil exports will benefit the U.S.'s national security interests by
decreasing the likelihood that global oil supply can be used internationally as a strategic
weapon; and
WHEREAS, numerous studies have found that allowing American crude oil into the
world's free market will benefit U.S. trade and American consumers while creating more
high-paying jobs for Louisianians; and
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WHEREAS, the U.S. is the largest exporter of refined petroleum products and would
benefit even more substantially from the export of both crude oil and refined petroleum
products; and
WHEREAS, at least seven independent studies have confirmed that repealing the ban
on American crude oil exports will lower U.S. gas prices, benefitting Louisiana consumers
and businesses; and
WHEREAS, many small and large Louisiana businesses that support oil and gas
development will benefit from ongoing production; and
WHEREAS, manufacturers will benefit from less volatility in energy costs; and
WHEREAS, encouraging a global marketplace that is more free from artificial
barriers will economically benefit Louisiana, the rest of the U.S., and our friends around the
world.
THEREFORE, BE IT RESOLVED that the Legislature of Louisiana memorializes
the Congress of the United States to recognize that crude oil exports and free trade are in the
national interest and take all necessary steps to eliminate the current ban on crude oil
exports.
BE IT FURTHER RESOLVED that a copy of this Resolution shall be transmitted
to the secretary of the United States Senate and the clerk of the United States House of
Representatives and to each member of the Louisiana delegation to the United States
Congress.
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
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