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