Texas 2015 - 84th Regular

Texas House Bill HCR57 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New	Differences
1	1	84R7150 BGU-F
2	2	By: Anchia, Craddick, Nevárez, Crownover, H.C.R. No. 57
3	3	Darby, et al.
4	4
5	5
6	6	CONCURRENT RESOLUTION
7	7	WHEREAS, The efficient exploration, production, and
8	8	transportation of oil in Texas prevents waste of the state's
9	9	natural resources, contributes to the health, welfare, and safety
10	10	of the general public, and promotes the prosperity of the state; and
11	11	WHEREAS, The tax revenues and economic prosperity deriving
12	12	from this Texas energy renaissance have greatly benefited Texas
13	13	public schools, higher education, critical infrastructure
14	14	development, and public health and safety programs; and
15	15	WHEREAS, Improved technologies and abundant resources have
16	16	made America the world's leading oil and natural gas producer,
17	17	overtaking Saudi Arabia and Russia; and
18	18	WHEREAS, The 1970s-era federal law prohibiting crude oil
19	19	exports is a relic from an era of scarcity and flawed price control
20	20	policies; and
21	21	WHEREAS, Allowing American crude oil exports will strengthen
22	22	U.S. geopolitical influence by giving our trading partners a more
23	23	secure source of supply, and allowing the export of American crude
24	24	oil will make our allies less dependent on crude oil from Russia and
25	25	the Middle East; and
26	26	WHEREAS, The world's other major developed nations allow
27	27	crude oil exports, making America the only nation that does not take
28	28	full advantage of trading a valuable resource in what is an
29	29	otherwise global free market; and
30	30	WHEREAS, Crude oil exports will benefit America's national
31	31	security interests by decreasing the likelihood that global oil
32	32	supply can be used internationally as a strategic weapon; and
33	33	WHEREAS, Numerous studies have found that allowing American
34	34	crude oil into the world's free market will benefit U.S. trade and
35	35	American consumers while creating more high-paying jobs for Texans
36	36	to fill; and
37	37	WHEREAS, According to an analysis by the American Petroleum
38	38	Institute, Texas will lead all states in job growth following the
39	39	repeal of the ban, with an estimated 40,291 jobs by 2020; and
40	40	WHEREAS, Other studies have similarly found tremendous
41	41	prospective GDP growth from lifting the 1970s-era ban; and
42	42	WHEREAS, The United States is the largest exporter of refined
43	43	petroleum products and would benefit even more substantially from
44	44	the export of both crude oil and refined petroleum products; and
45	45	WHEREAS, At least seven independent studies have confirmed
46	46	that repealing the ban on American crude oil exports will lower U.S.
47	47	gas prices, benefiting Texas consumers and businesses; and
48	48	WHEREAS, Thousands of small and large Texas businesses that
49	49	support oil and gas development will benefit from ongoing
50	50	production; and
51	51	WHEREAS, Manufacturers will benefit from less volatility in
52	52	energy costs; and
53	53	WHEREAS, The technology and brainpower behind the American
54	54	energy renaissance was mostly pioneered in Texas by Texans; and
55	55	WHEREAS, Encouraging a global marketplace that is more free
56	56	from artificial barriers will better allow the export of Texas
57	57	leadership and expertise, which will also ultimately economically
58	58	benefit Texas, the rest of the United States, and our friends around
59	59	the world; now, therefore, be it
60	60	RESOLVED, That the 84th Legislature of the State of Texas
61	61	hereby urge the United States Congress and the president of the
62	62	United States to recognize that crude oil exports and free trade are
63	63	in the national interest and take all necessary steps to eliminate
64	64	the current ban on crude oil exports; and, be it further
65	65	RESOLVED, That the Texas secretary of state forward official
66	66	copies of this resolution to the president of the United States, to
67	67	the U.S. secretary of commerce, to the U.S. secretary of energy, to
68	68	the majority leader of the Senate and the speaker of the House of
69	69	Representatives of the United States Congress, and to all the
70	70	members of the Texas delegation to Congress with the request that
71	71	this resolution be entered in the Congressional Record as a
72	72	memorial to the Congress of the United States of America.