Louisiana 2019 2019 Regular Session

Louisiana House Bill HCR69 Enrolled / Bill

                    ENROLLED
2019 Regular Session
HOUSE CONCURRENT RESOL UTION NO. 69
BY REPRESENTATIVE BISHOP AND SENATOR CHAB ERT
A CONCURRENT RESOL UTION
To recognize Tuesday, May 14, 2019, as the seventh annual Liquefied Natural Gas (LNG)
Day at the Louisiana State Capitol.
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 the nation's and the state's 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 forty-seven percent by the year 2050; and
WHEREAS, global demand for LNG 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 LNG 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 six hundred cargoes of LNG have already departed for
international markets from Louisiana facilities; and
WHEREAS, continued growth in LNG exports will create tens of thousands of
construction and operations jobs in the state of Louisiana, which will in turn lead to
community involvement and charitable giving; and
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WHEREAS, Louisiana's LNG industry plans to invest over $90 billion in Louisiana
over the next decade, creating over twenty thousand jobs, greater economic opportunity, and
an expansion of the Louisiana tax base; and
WHEREAS, LNG 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 of Louisiana; and
WHEREAS, the Louisiana Energy Export Association was formed in 2017 to serve
as a unifying voice for Louisiana's LNG exporters and to educate policymakers on the
significant economic benefits of exporting natural gas; 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 through community outreach and education; and
WHEREAS, this coalition continues to recognize the importance of collaboration,
coordination, and communication with all leaders at the local, parish, and state level,
including Cameron Parish; Calcasieu Parish; the Cameron Parish Port, Harbor and Terminal
District; and the Port of Lake Charles, Lake Charles Harbor and Terminal District.
THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby
recognize Tuesday, May 14, 2019, as Liquefied Natural Gas Day at the Louisiana State
Capitol and does hereby express support of the Louisiana Energy Export Association, a
nonprofit grassroots organization with the mission of supporting the exports of natural gas,
and educating public and policy leaders on the benefits LNG exports will bring to the United
States.
BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to
members of the Louisiana delegation of the United States Congress as an expression of the
Legislature of Louisiana's support of 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.
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
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