79R9457 AMY-D
By: West H.C.R. No. 96
HOUSE CONCURRENT RESOLUTION
WHEREAS, Energy demands in Texas are expected to increase by
more than 30 percent in the next 20 years, and liquefied natural gas
(LNG) will be a key component in enabling the Texas energy industry
to keep pace with those rising demands, provided the state develops
LNG receiving terminals to enhance the delivery capacity in and
outside the state; and
WHEREAS, Texas is the leading producer and consumer of
domestic natural gas, and developing LNG receiving terminals is
essential for Texas to maintain leadership in the natural gas
industry and thereby enhance the state's economic development
opportunities; and
WHEREAS, All power plants built in Texas during the past five
years are fueled by natural gas and have created a surge in the
demand for imported natural gas to supplement Texas' supply; and
WHEREAS, Texas is favorably positioned to become a national
hub in the LNG storage and delivery network; and
WHEREAS, The development of LNG receiving terminals benefits
the people of Texas by creating jobs, making natural gas more
affordable for Texans, and increasing the amount of LNG that Texas
can market to the rest of the country; now, therefore, be it
RESOLVED, That the 79th Legislature of the State of Texas
hereby declare its support for the development of liquefied natural
gas receiving terminals and encourage the owners of these
facilities to allow direct market access to throughput capacity to
ensure that all Texas consumers benefit; and, be it further
RESOLVED, That the legislature express its support of plans
to augment domestic natural gas supply with competitively priced
LNG-derived gas; and, be it further
RESOLVED, That the legislature encourage public utility
companies to include LNG-derived natural gas or electric power in
their supply portfolio and discourage any new taxes or economic
barriers on LNG facilities or supplies from 2005-2015 to stimulate
the development of the industry segment.