Bill Text: TX HR699 | 2015-2016 | 84th Legislature | Enrolled

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Bill Title: Recognizing February 25, 2015, as Liquefied Natural Gas (LNG) Day at the State Capitol.

Sponsorship: Slight Partisan Bill (Republican 4-2)

Status: (Passed) 2015-03-01 - Reported enrolled [HR699 Detail]

Download: Texas-2015-HR699-Enrolled.html

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H.R. No. 699

R E S O L U T I O N
WHEREAS, Representatives of liquefied natural gas projects,
exploration and production companies, state business trade groups,
pipeline companies, government, and other stakeholders are
gathering in Austin on February 25, 2015, to highlight the benefits
of liquefied natural gas (LNG) exports; and
WHEREAS, Pioneering exploration and extraction methods have
opened vast natural gas resources to development, and demand on
U.S. natural gas markets can now grow
with little impact on domestic
prices; plentiful supplies and unprecedented advances in
technology also present a historic opportunity for the United
States to achieve energy self-sufficiency while creating jobs and
wealth; and
WHEREAS, Global demand for LNG is expected to climb
significantly over the next two decades; the U.S. Department of
Energy estimates that, by 2035, natural gas production levels will
be 55 percent higher than was estimated only four years ago; this
trend can satisfy all domestic demand while also allowing the
nation to export natural gas; and
WHEREAS, According to recent studies, the expansion of LNG
markets will generate as much as $86 billion in net benefits to the
U.S. economy and will help reduce the U.S. trade deficit by as much
as $60 billion by 2038; moreover, increases in LNG exports could
create more than 450,000 American jobs, including tens of thousands
of jobs in construction and operations; every two billion cubic
feet per day of exports supports 50,000 jobs in the exploration and
production sectors; and
WHEREAS, In Texas, proposed construction and operation of
multiple LNG export facilities along the Gulf Coast will
incentivize new direct infrastructure investments worth billions
of dollars, will contribute royalties and local tax revenues to
communities across the state, and could create up to 155,000 jobs in
the state; and
WHEREAS, LNG exports will contribute to the nation's global
energy leadership and to other vital goals, among them stability in
natural gas pricing, increased business investment, job growth, and
higher revenues for communities in natural-gas-producing areas;
now, therefore, be it
RESOLVED, That the House of Representatives of the 84th Texas
Legislature hereby recognize February 25, 2015, as Liquefied
Natural Gas (LNG) Day at the State Capitol and extend to all those
participating in this event sincere best wishes for an enjoyable
and educational visit to Austin.
Lozano
Anchia
Darby
Wu
Hunter
Phelan
Straus Guerra Otto
Allen Guillen Paddie
Alonzo Gutierrez Parker
Alvarado Harless Paul
Anchia Hernandez Peña
Anderson of Dallas Herrero Phelan
Anderson of McLennan Howard Phillips
Ashby Huberty Pickett
Aycock Hughes Price
Bell Hunter Raney
Blanco Isaac Raymond
Bohac Israel Reynolds
Bonnen of Brazoria Johnson Riddle
Bonnen of Galveston Kacal Rinaldi
Burkett Keffer Rodriguez of Bexar
Burns Keough Rodriguez of Travis
Burrows King of Hemphill Romero, Jr.
Button King of Parker Rose
Canales King of Taylor Sanford
Capriglione King of Uvalde Schaefer
Clardy Klick Schofield
Coleman Koop Shaheen
Collier Krause Sheets
Cook Kuempel Sheffield
Craddick Landgraf Simmons
Crownover Larson Simpson
Dale Laubenberg Smith
Darby Leach Smithee
Davis of Dallas Longoria Spitzer
Davis of Harris Lozano Springer
Deshotel Lucio III Stephenson
Dukes Márquez Stickland
Dutton Martinez Thompson of Brazoria
Elkins Martinez Fischer Thompson of Harris
Faircloth McClendon Tinderholt
Fallon Menéndez Turner of Collin
Farias Metcalf Turner of Harris
Farney Meyer Turner of Tarrant
Farrar Miles VanDeaver
Fletcher Miller of Comal Villalba
Flynn Miller of Fort Bend Vo
Frank Moody Walle
Frullo Morrison White of Bell
Galindo Muñoz, Jr. White of Tyler
Geren Murphy Workman
Giddings Murr Wray
Goldman Naishtat Wu
Gonzales Nevárez Zedler
González Oliveira Zerwas
______________________________
Speaker of the House
I certify that H.R. No. 699 was adopted by the House on February
25, 2015, by a non-record vote.
______________________________
Chief Clerk of the House