Louisiana 2024 2024 Regular Session

Louisiana House Bill HCR18 Engrossed / Bill

                    HLS 24RS-1145	ENGROSSED
2024 Regular Session
HOUSE CONCURRENT RESOL UTION NO. 18
BY REPRESENTATIVES BEAULLIEU, BOURRIAQUE, CARRIER, FARNUM,
GEYMANN, ROMERO, AND TARVER AND SENATORS ABRAHAM, REESE,
AND STINE
MINERALS:  Urges and requests the administration of President Biden to end its pause on
pending approvals of liquefied natural gas exports
1	A CONCURRENT RESOL UTION
2To urge and request the administration of President Biden to end its pause on pending
3 approval of liquefied natural gas (LNG) exports.
4 WHEREAS, the oil and natural gas industry has historically provided thousands of
5high-paying jobs for Louisianans working in production or transportation of oil and natural
6gas, generating millions of dollars in annual revenue for state and local programs, and
7decreasing America's dependence on imported oil; and
8 WHEREAS, recent action by the federal government has temporarily paused pending
9approvals of liquefied natural gas exports; and
10 WHEREAS, a pause on approvals of liquefied natural gas exports will disrupt the
11global supply chain, causing national security and national defense problems; and
12 WHEREAS, the demand for fuel is not expected to decrease; and
13 WHEREAS, a decrease in world supply of liquefied natural gas would increase costs
14and hurt vulnerable populations the most; and
15 WHEREAS, contracts for the purchase of liquefied natural gas are long term, with
16there being a high importance to not interrupt or disrupt long-term contracts, as doing so
17could destabilize global markets; and
18 WHEREAS, Louisiana is home to the Haynesville Shale, a massive dry natural gas
19formation in Northwest Louisiana, and is well positioned to capitalize on the demand side
20of the industry; and
Page 1 of 3 HLS 24RS-1145	ENGROSSED
HCR NO. 18
1 WHEREAS, in Louisiana alone, oil and natural gas activities represent twenty-six
2percent of Louisiana's gross domestic product, and the industry accounts for over $4 billion
3in state and local tax revenue; and
4 WHEREAS, Louisiana is home to three of the top eight domestic LNG export
5terminals with at least three more projects approved and eight more in prefiling or proposed
6stages; and
7 WHEREAS, the oil and natural gas industry has invested over $108 billion in
8greenhouse gas mitigating technologies, contributing to a sharp decline in emission of CO2
9in the United States; and
10 WHEREAS, from 2000 to 2018 emissions declined sixty-seven percent in the United
11States relative to oil and gas production; and
12 WHEREAS, in the same period of time, carbon dioxide emissions in the rest of the
13world increased by twenty-nine percent; and
14 WHEREAS, the 2020 Louisiana Emissions Analysis, published by the Consumer
15Energy Alliance, a leading voice for sensible energy policies for families and businesses,
16found that emissions declined by seventy-one percent across the state since 1990; and
17 WHEREAS, during that same period of emissions reduction, Louisiana's gross
18domestic product surged one hundred seventy-seven percent; and
19 WHEREAS, broad and predictable access to offshore oil and natural gas resources
20will help support and grow more jobs and activity in Louisiana and the Gulf region, reduce
21America's reliance on overseas imports, and increase revenues to the state and its localities.
22 THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby
23urge and request the administration of President Biden to end its pause on pending approval
24of liquefied natural gas exports.
25 BE IT FURTHER RESOLVED that the Legislature of Louisiana also expresses its
26support of America's liquefied natural gas production and exportation to the benefit of
27American consumers and American workers and allows the inherent economic benefits
28thereof to be fully realized.
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HCR NO. 18
1 BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the
2president of the United States, each member of the president's cabinet, and to the members
3of the capitol press corps.
DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part
of the legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
HCR 18 Engrossed 2024 Regular Session	Beaullieu
Urges and requests the Biden administration to end its pause on pending approvals of
liquefied natural gas exports.
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