Louisiana Senate Bill SR44

Louisiana 2017 Regular Session

• Introduced: 4/24/17
• Passed: 4/25/17

Caption

Recognizes Wednesday, April 26, 2017, as the fifth annual Liquefied Natural Gas Day at the state capitol and expresses support of the Louisiana Energy Export Association, LNG exports, and the streamlining and expedition of permit approval for pending export facilities.

Impact

The resolution seeks to encourage the expansion of LNG exports by supporting the streamlining and expedient approval of permits for pending export facilities. It asserts that such measures will not only facilitate energy independence for the United States but also bolster job creation and enhance local economies through investment in infrastructure. These developments are expected to generate significant tax revenues and broaden economic opportunities within Louisiana.

Summary

Senate Resolution No. 44, introduced in 2017, proclaims April 26 as the fifth annual Liquefied Natural Gas (LNG) Day in Louisiana. The resolution expresses support for the Louisiana Energy Export Association and emphasizes the strategic importance of LNG exports to the state's economy and energy policy. It highlights the advancements in natural gas extraction technologies, which have positioned Louisiana as a critical player in the global liquefied natural gas market.

Sentiment

Overall, the sentiment surrounding SR44 is positive, particularly among proponents who see LNG exports as vital for economic growth and energy security. The resolution reflects a unified stance among various stakeholders, including energy companies and business groups, who advocate for the benefits of LNG and its potential to create jobs. There is a sense of optimism about the future of Louisiana's role in the LNG market and its broader implications for the national economy.

Contention

While the resolution is broadly supported, it primarily focuses on economic and energy aspects, leaving room for debate regarding environmental impacts and the long-term sustainability of increased fossil fuel extraction. Concerns may arise from environmental advocates who argue that prioritizing LNG exports could overlook the environmental responsibilities associated with natural gas production and its effects on local communities.