Louisiana Senate Bill SR55

Louisiana 2017 Regular Session

• Introduced: 5/1/17
• Passed: 5/1/17

Caption

Recognizes May 2, 2017, as Marathon Petroleum Corporation Day at the Louisiana State Capitol.

Impact

The resolution highlights the considerable economic and environmental contributions of Marathon Petroleum, particularly through its Garyville refinery which has the capacity to refine over five hundred thousand barrels of crude per day. This refinery has not only become one of the largest in the country but has also made substantial investments in the local area. The resolution conveys a sense of pride in the state's partnership with Marathon, reinforcing the importance of corporate entities in economic development and local job creation, while also promoting responsible environmental practices.

Summary

Senate Resolution No. 55 recognizes May 2, 2017, as Marathon Petroleum Corporation Day at the Louisiana State Capitol, celebrating the corporation's extensive contributions to the state of Louisiana and its community. Marathon Petroleum, noted for being the nation's third-largest petroleum refiner, is commended for its commitment to health, safety, environmental stewardship, and corporate citizenship, making significant impacts on both the local economy and community welfare. The resolution acknowledges Marathon's history of 130 years, including its establishment as an independent entity in 2011 and the operational significance of its Garyville refinery.

Sentiment

The sentiment surrounding SR55 is largely positive, reflecting appreciation for Marathon Petroleum's role in the community and the state's economy. Supporters of the resolution, primarily within the legislature, view the day of recognition as an opportunity to celebrate a company that exemplifies corporate responsibility through its endeavors in safety and environmental initiatives. The resolution points to a unified acknowledgment of the importance of industries that contribute to both local economic growth and community resilience.

Contention

While SR55 appears to promote a positive narrative about the corporation, it does not delve into any potential criticisms of the petroleum industry or the environmental impact of such refineries. It sets a tone of celebration without addressing possible concerns raised by environmental advocates regarding fossil fuel industries. Nevertheless, this resolution serves to underscore the deep-rooted relationship between major corporations like Marathon Petroleum and the state's economic fabric, fostering a dialogue about corporate impact on both development and environmental stewardship.