Louisiana 2017 2017 Regular Session

Louisiana Senate Bill SR44 Enrolled / Bill

                    2017 Regular Session	ENROLLED
SENATE RESOLUTION NO. 44
BY SENATORS JOHNS, ALARIO, CHABERT AND MORRISH 
A RESOLUTION
To recognize Wednesday, April 26, 2017, as the fifth annual Liquefied Natural Gas (LNG)
Day at the state capitol and express support of the Louisiana Energy Export
Association, LNG exports, and the streamlining and expedition of permit approval
for pending export facilities.
WHEREAS, plentiful natural gas supplies and unprecedented advances in technology
have provided a historic opportunity for the United States to achieve energy self-sufficiency
while creating jobs and wealth for our economy; and
WHEREAS, pioneering exploration and extraction methods have opened such vast
natural gas resources to development in areas, such as the Haynesville Shale, that demand
on United States natural gas markets can grow with little impact on domestic prices; and
WHEREAS, the Department of Energy estimates domestic natural gas production
levels will increase by over 50% by 2050; and
WHEREAS, global demand for liquefied natural gas is expected to grow
significantly over the next two decades, with Louisiana poised to play a major role in
meeting such demand; and
WHEREAS, expanding markets for United States natural gas is consistent with
national trade and security policy, because failure to expand liquefied natural gas exports
would force our allies to continue to rely on regimes that are hostile to United States
interests for their energy needs; and
WHEREAS, over 100 cargoes of LNG have already departed for international
markets from Louisiana facilities; and
WHEREAS, continued growth in liquefied natural gas exports will create tens of
thousands of construction and operations jobs in Louisiana; and
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WHEREAS, the Louisiana Energy Export Association was formed in 2017 as a
nonprofit grassroots organization to serve as a unifying voice for Louisiana's LNG exporters 
with the mission of supporting the exports of natural gas and educating public and policy
leaders of the economic benefits LNG exports will bring to the United States; and
WHEREAS, Louisiana Energy Export Association member companies plan to invest
over $60 billion in Louisiana over the next decade, creating over 20,000 jobs, economic
opportunity, and expanding the Louisiana tax base; and
WHEREAS, liquefied natural gas exports would provide incentives for new
infrastructure investments worth billions of dollars and generate royalties and local tax
revenues directly in communities across the state; and
WHEREAS, a diverse coalition of Louisiana LNG producers, energy and petroleum
companies, business groups, service companies, and others have expressed their support for
LNG exports.
THEREFORE, BE IT RESOLVED that the Senate of the Legislature of Louisiana
does hereby recognize Wednesday, April 26, 2017, as the fifth annual Liquefied Natural Gas
Day at the state capitol and express support of the Louisiana Energy Export Association,
LNG exports, and the streamlining and expedition of permit approval for pending export
facilities so that the economic benefits of LNG exports can be magnified throughout the state
of Louisiana, as well as the United States.
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
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