SENATE RESOLUTION NO. 190
WHEREAS, The Senate of the State of Texas is pleased to
recognize the Texas Oil and Gas Association and to join its
members and partners in celebrating Virtual Texas Energy Day at
the Capitol on March 24, 2021; and
WHEREAS, Texas leads the nation in oil and natural gas
production, pipeline miles, and refining capacity, all of which
have led to an unprecedented level of national energy security;
the flourishing oil and natural gas industry plays a fundamental
role in the state's robust economy and is responsible for
directly and indirectly creating more than one million Texas
jobs; and
WHEREAS, Royalties from Texas oil and natural gas serve as
primary funding for the Economic Stabilization Fund, the
Permanent School Fund, and the Permanent University Fund; in
2020, Texas school districts received more than $2 billion in
property taxes collected from industry holdings, and Texas
counties received more than $688 million in revenue from these
taxes; and
WHEREAS, The oil and natural gas industry is also a leading
investor in emission-reducing technologies and has helped drive
innovation in modern clean practices; efforts to reduce
emissions and flaring have led to new environmental solutions,
and less than one percent of natural gas produced in Texas is
flared or vented; and
WHEREAS, The oil and natural gas industry helps to power
economic prosperity, fortifies the state's energy security, and
makes possible the vast majority of products and materials
citizens use every day; it is indeed fitting that the Texas Oil
and Gas Association and its partners be recognized for their
contributions to the Lone Star State; now, therefore, be it
RESOLVED, That the Senate of the State of Texas, 87th
Legislature, hereby commend the members of the Texas Oil and Gas
Association and all who have contributed to the state's thriving
oil and natural gas industry and extend to them best wishes for a
rewarding Virtual Texas Energy Day at the Capitol; and, be it
further
RESOLVED, That a copy of this Resolution be prepared in
honor of this special event.
Birdwell
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President of the Senate
I hereby certify that the
above Resolution was adopted by
the Senate on March 24, 2021.
________________________________
Secretary of the Senate
________________________________
Member, Texas Senate