Texas Senate Bill SR397

Texas 2017 - 85th Regular

Caption

Recognizing CITGO Texas Operations for its 80 years of community involvement.

Impact

This resolution not only honors CITGO but also reinforces the relationship between large corporations and local communities. By acknowledging CITGO's contributions, the Texas Senate is promoting a narrative that emphasizes the vital role of businesses in supporting local economies and community initiatives. Such recognition may encourage other corporations to engage similarly in community development, thereby fostering a culture of corporate responsibility within the state.

Summary

Senate Resolution 397 recognizes CITGO Texas Operations for its exemplary 80-year contribution to the Texas community and economy. The resolution highlights the significant employment opportunities provided by CITGO, including over 1,050 high-paying jobs at its Corpus Christi facility, which refines 157,000 barrels of petroleum each day. The economic activities generated by the company amount to approximately $345 million annually, underscoring its importance in the state's economic landscape. This recognition aims to acknowledge the company's longstanding commitment to the prosperity of Texas and its residents.

Contention

While the resolution is largely positive, it may raise questions about the broader impacts of major corporations on local communities, especially given the oil industry's controversial aspects, such as environmental concerns. Critics may argue that the attention given to CITGO could overshadow the need for regulations and sustainable practices in the oil sector. Nonetheless, the resolution presents an opportunity for CITGO to enhance its community involvement further and address any potential criticisms by continuing to invest in sustainable initiatives and educational programs.