Texas 2023 - 88th Regular

Texas House Bill HR441 Latest Draft

Bill / Enrolled Version Filed 03/16/2023

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                            H.R. No. 441


 R E S O L U T I O N
 WHEREAS, Employees, advocates, and partners of the energy
 industry are celebrating Texas Energy Day at the State Capitol on
 March 7, 2023; and
 WHEREAS, Texas is the number one state in the U.S. for oil and
 natural gas production, refining capacity, and pipeline miles;
 moreover, the state has played an important part in helping our
 nation become the world's leader in oil and gas production, which
 has created an unprecedented level of American energy security; the
 oil and gas industry also contributes greatly to the economic
 well-being of the state by directly providing approximately 443,000
 jobs, with many more jobs indirectly tied to the oil and gas sector,
 and in 2022 the industry generated nearly $25 billion in taxes and
 royalties that helped fund such essential infrastructure as
 schools, roads, and emergency services; and
 WHEREAS, In 2022, Texas school districts received more than
 $1.5 billion in property taxes from mineral properties producing
 oil and natural gas, pipelines, and gas utilities, and Texas
 counties received $608 million; the oil and gas industry also paid
 $1.5 billion to the Economic Stabilization Fund last year and
 another $2.1 billion to the Permanent University Fund; and
 WHEREAS, The state's preeminent role in energy production has
 been furthered through the use of fracking and other innovative
 processes; many Texas oil and natural gas companies are leading the
 way in developing new technologies designed to reduce water use,
 expand water reuse, and increase the use of naturally occurring
 salt water in their operations; and
 WHEREAS, Because of advances in technology, carbon dioxide
 emissions in the United States are at some of the lowest levels in
 nearly three decades, and today, natural gas production has a
 smaller carbon footprint than burning coal or petroleum products;
 according to the Railroad Commission of Texas, the percentage of
 natural gas flared out of all the natural gas produced in Texas
 decreased by 73 percent between June 2019 and May 2021, with less
 than two percent of the natural gas produced in Texas flared or
 vented; further, even though oil and natural gas production have
 skyrocketed, in 2020, methane emissions from the industry were down
 17 percent since 1990; and
 WHEREAS, Oil and natural gas are used to make the vast
 majority of products and materials that we use every day, including
 plastics, medicines, computers, and more, and Texas is a vital
 contributor to the nation's global energy leadership; and
 WHEREAS, The Texas oil and natural gas industry plays an
 essential role in securing our state and national economy and
 advancing global stability, and it is indeed fitting that the Texas
 energy industry and its partners be recognized for their
 contributions to the Lone Star State; now, therefore, be it
 RESOLVED, That the House of Representatives of the 88th Texas
 Legislature hereby recognize March 7, 2023, as Texas Energy Day at
 the State Capitol and extend to all those participating in the event
 sincere best wishes for the future.
 Goldman
 ______________________________
 Speaker of the House
 I certify that H.R. No. 441 was adopted by the House on March
 16, 2023, by a non-record vote.
 ______________________________
 Chief Clerk of the House