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5 | 4 | | SENATE CONCURRENT RESOLUTION |
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6 | 5 | | WHEREAS, The efficient exploration, production, and |
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7 | 6 | | transportation of oil in Texas prevents waste of the state's |
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8 | 7 | | natural resources, contributes to the health, welfare, and safety |
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9 | 8 | | of the general public, and promotes the prosperity of the state; and |
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10 | 9 | | WHEREAS, The tax revenues and economic prosperity deriving |
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11 | 10 | | from this Texas energy renaissance have greatly benefited Texas |
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12 | 11 | | public schools, higher education, critical infrastructure |
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13 | 12 | | development, and public health and safety programs; and |
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14 | 13 | | WHEREAS, Improved technologies and abundant resources have |
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15 | 14 | | made America the world's leading oil and natural gas producer, |
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16 | 15 | | overtaking Saudi Arabia and Russia; and |
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17 | 16 | | WHEREAS, The 1970s-era federal law prohibiting crude oil |
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18 | 17 | | exports is a relic from an era of scarcity and flawed price control |
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19 | 18 | | policies; and |
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20 | 19 | | WHEREAS, Allowing American crude oil exports will strengthen |
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21 | 20 | | United States geopolitical influence by giving our trading partners |
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22 | 21 | | a more secure source of supply, and allowing the export of American |
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23 | 22 | | crude oil will make our allies less dependent on crude oil from |
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24 | 23 | | Russia and the Middle East; and |
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25 | 24 | | WHEREAS, The world's other major developed nations allow |
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26 | 25 | | crude oil exports, making America the only nation that does not take |
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27 | 26 | | full advantage of trading a valuable resource in what is an |
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28 | 27 | | otherwise global free market; and |
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29 | 28 | | WHEREAS, Crude oil exports will benefit America's national |
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30 | 29 | | security interests by decreasing the likelihood that global oil |
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31 | 30 | | supply can be used internationally as a strategic weapon; and |
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32 | 31 | | WHEREAS, Numerous studies have found that allowing American |
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33 | 32 | | crude oil into the world's free market will benefit United States |
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34 | 33 | | trade and American consumers while creating more high-paying jobs |
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35 | 34 | | for Texans to fill; and |
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36 | 35 | | WHEREAS, According to an analysis by the American Petroleum |
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37 | 36 | | Institute, Texas will lead all states in job growth following the |
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38 | 37 | | repeal of the ban, with an estimated 40,291 jobs by 2020; and |
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39 | 38 | | WHEREAS, Other studies have similarly found tremendous |
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40 | 39 | | prospective GDP growth from lifting the 1970s-era ban; and |
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41 | 40 | | WHEREAS, The United States is the largest exporter of refined |
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42 | 41 | | petroleum products and would benefit even more substantially from |
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43 | 42 | | the export of both crude oil and refined petroleum products; and |
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44 | 43 | | WHEREAS, At least seven independent studies have confirmed |
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45 | 44 | | that repealing the ban on American crude oil exports will lower gas |
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46 | 45 | | prices in the United States, benefiting Texas consumers and |
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47 | 46 | | businesses; and |
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48 | 47 | | WHEREAS, Thousands of small and large Texas businesses that |
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49 | 48 | | support oil and gas development will benefit from ongoing |
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50 | 49 | | production; and |
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51 | 50 | | WHEREAS, Manufacturers will benefit from less volatility in |
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52 | 51 | | energy costs; and |
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53 | 52 | | WHEREAS, The technology and brainpower behind the American |
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54 | 53 | | energy renaissance was mostly pioneered in Texas by Texans; and |
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55 | 54 | | WHEREAS, Encouraging a global marketplace that is more free |
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56 | 55 | | from artificial barriers will better allow the export of Texas |
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57 | 56 | | leadership and expertise, which will also ultimately economically |
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58 | 57 | | benefit Texas, the rest of the United States, and our friends around |
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59 | 58 | | the world; now, therefore, be it |
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60 | 59 | | RESOLVED, That the 84th Legislature of the State of Texas |
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61 | 60 | | hereby urge the United States Congress and the president of the |
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62 | 61 | | United States to recognize that crude oil exports and free trade are |
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63 | 62 | | in the national interest and take all necessary steps to eliminate |
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64 | 63 | | the current ban on crude oil exports; and, be it further |
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65 | 64 | | RESOLVED, That the Texas secretary of state forward official |
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66 | 65 | | copies of this resolution to the president of the United States, to |
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67 | 66 | | the United States secretary of commerce, to the United States |
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68 | 67 | | secretary of energy, to the majority leader of the Senate and the |
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69 | 68 | | speaker of the House of Representatives of the United States |
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70 | 69 | | Congress, and to all the members of the Texas delegation to Congress |
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71 | 70 | | with the request that this resolution be entered in the |
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72 | 71 | | Congressional Record as a memorial to the Congress of the United |
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73 | 72 | | States of America. |
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