Louisiana 2024 Regular Session

Louisiana House Bill HCR18 Latest Draft

Bill / Enrolled Version

                            ENROLLED
2024 Regular Session
HOUSE CONCURRENT RESOL UTION NO. 18
BY REPRESENTATIVES BEAULLIEU, AMEDEE, BAYHAM, BILLINGS,
BOURRIAQUE, BUTLER, CARLSON, CARRIER, CHASSION, CHENEVERT,
COX, DESHOTEL, DEWITT, DICKERSON, EDMONSTON, EGAN, EMERSON,
FARNUM, FIRMENT, GEYMANN, HEBERT, ILLG, MIKE JOHNSON, JACOB
LANDRY, MYERS, OWEN, ROMERO, TARVER, TAYLOR, THOMPSON, AND
WYBLE AND SENATORS ABRAHAM, CLOUD, CONNICK, COUSSAN,
EDMONDS, HENRY, HODGES, MCMATH, MIGUEZ, PRESSLY, REESE,
SEABAUGH, AND STINE
A CONCURRENT RESOL UTION
To urge and request the administration of President Biden to end its pause on pending
approval of liquefied natural gas (LNG) exports.
WHEREAS, the oil and natural gas industry has historically provided thousands of
high-paying jobs for Louisianans working in production or transportation of oil and natural
gas, generating millions of dollars in annual revenue for state and local programs, and
decreasing America's dependence on imported oil; and
WHEREAS, recent action by the federal government has temporarily paused pending
approvals of liquefied natural gas exports; and
WHEREAS, a pause on approvals of liquefied natural gas exports will disrupt the
global supply chain, causing national security and national defense problems; and
WHEREAS, the demand for fuel is not expected to decrease; and
WHEREAS, a decrease in world supply of liquefied natural gas would increase costs
and hurt vulnerable populations the most; and
WHEREAS, contracts for the purchase of liquefied natural gas are long term, with
there being a high importance to not interrupt or disrupt long-term contracts, as doing so
could destabilize global markets; and
WHEREAS, Louisiana is home to the Haynesville Shale, a massive dry natural gas
formation in Northwest Louisiana, and is well positioned to capitalize on the demand side
of the industry; and
WHEREAS, in Louisiana alone, oil and natural gas activities represent twenty-six
percent of Louisiana's gross domestic product, and the industry accounts for over $4 billion
in state and local tax revenue; and
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WHEREAS, Louisiana is home to three of the top eight domestic LNG export
terminals with at least three more projects approved and eight more in prefiling or proposed
stages; and
WHEREAS, the oil and natural gas industry has invested over $108 billion in
greenhouse gas mitigating technologies, contributing to a sharp decline in emission of CO2
in the United States; and
WHEREAS, from 2000 to 2018 emissions declined sixty-seven percent in the United
States relative to oil and gas production; and
WHEREAS, in the same period of time, carbon dioxide emissions in the rest of the
world increased by twenty-nine percent; and
WHEREAS, the 2020 Louisiana Emissions Analysis, published by the Consumer
Energy Alliance, a leading voice for sensible energy policies for families and businesses,
found that emissions declined by seventy-one percent across the state since 1990; and
WHEREAS, during that same period of emissions reduction, Louisiana's gross
domestic product surged one hundred seventy-seven percent; and
WHEREAS, broad and predictable access to offshore oil and natural gas resources
will help support and grow more jobs and activity in Louisiana and the Gulf region, reduce
America's reliance on overseas imports, and increase revenues to the state and its localities.
THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby
urge and request the administration of President Biden to end its pause on pending approval
of liquefied natural gas exports.
BE IT FURTHER RESOLVED that the Legislature of Louisiana also expresses its
support of America's liquefied natural gas production and exportation to the benefit of
American consumers and American workers and allows the inherent economic benefits
thereof to be fully realized.
BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the
president of the United States, each member of the president's cabinet, and to the members
of the capitol press corps.
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
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