84R7150 BGU-F
 
  By: Anchia, Craddick, Nevárez, Crownover, H.C.R. No. 57
      Darby, et al.
 
 
 
CONCURRENT RESOLUTION
         WHEREAS, The efficient exploration, production, and
  transportation of oil in Texas prevents waste of the state's
  natural resources, contributes to the health, welfare, and safety
  of the general public, and promotes the prosperity of the state; and
         WHEREAS, The tax revenues and economic prosperity deriving
  from this Texas energy renaissance have greatly benefited Texas
  public schools, higher education, critical infrastructure
  development, and public health and safety programs; and
         WHEREAS, Improved technologies and abundant resources have
  made America the world's leading oil and natural gas producer,
  overtaking Saudi Arabia and Russia; and
         WHEREAS, The 1970s-era federal law prohibiting crude oil
  exports is a relic from an era of scarcity and flawed price control
  policies; and
         WHEREAS, Allowing American crude oil exports will strengthen
  U.S. geopolitical influence by giving our trading partners a more
  secure source of supply, and allowing the export of American crude
  oil will make our allies less dependent on crude oil from Russia and
  the Middle East; and
         WHEREAS, The world's other major developed nations allow
  crude oil exports, making America the only nation that does not take
  full advantage of trading a valuable resource in what is an
  otherwise global free market; and
         WHEREAS, Crude oil exports will benefit America's national
  security interests by decreasing the likelihood that global oil
  supply can be used internationally as a strategic weapon; and
         WHEREAS, Numerous studies have found that allowing American
  crude oil into the world's free market will benefit U.S. trade and
  American consumers while creating more high-paying jobs for Texans
  to fill; and
         WHEREAS, According to an analysis by the American Petroleum
  Institute, Texas will lead all states in job growth following the
  repeal of the ban, with an estimated 40,291 jobs by 2020; and
         WHEREAS, Other studies have similarly found tremendous
  prospective GDP growth from lifting the 1970s-era ban; and
         WHEREAS, The United States is the largest exporter of refined
  petroleum products and would benefit even more substantially from
  the export of both crude oil and refined petroleum products; and
         WHEREAS, At least seven independent studies have confirmed
  that repealing the ban on American crude oil exports will lower U.S.
  gas prices, benefiting Texas consumers and businesses; and
         WHEREAS, Thousands of small and large Texas businesses that
  support oil and gas development will benefit from ongoing
  production; and
         WHEREAS, Manufacturers will benefit from less volatility in
  energy costs; and
         WHEREAS, The technology and brainpower behind the American
  energy renaissance was mostly pioneered in Texas by Texans; and
         WHEREAS, Encouraging a global marketplace that is more free
  from artificial barriers will better allow the export of Texas
  leadership and expertise, which will also ultimately economically
  benefit Texas, the rest of the United States, and our friends around
  the world; now, therefore, be it
         RESOLVED, That the 84th Legislature of the State of Texas
  hereby urge the United States Congress and the president of the
  United States to recognize that crude oil exports and free trade are
  in the national interest and take all necessary steps to eliminate
  the current ban on crude oil exports; and, be it further
         RESOLVED, That the Texas secretary of state forward official
  copies of this resolution to the president of the United States, to
  the U.S. secretary of commerce, to the U.S. secretary of energy, to
  the majority leader of the Senate and the speaker of the House of
  Representatives of the United States Congress, and to all the
  members of the Texas delegation to Congress with the request that
  this resolution be entered in the Congressional Record as a
  memorial to the Congress of the United States of America.