Senate Resolution 111 - Introduced

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  1  1                SENATE RESOLUTION NO.    
  1  2                       BY  IVERSON
  1  3 A Resolution urging the United States Congress to formulate
  1  4    a sound energy policy that will provide for the long=term
  1  5    economic and national security needs of the United States
  1  6    of America.
  1  7    WHEREAS, a constant, dependable supply of
  1  8 affordable energy is absolutely essential to the
  1  9 continued success and well=being of our nation; and
  1 10    WHEREAS, the provision of adequate energy supplies
  1 11 is dependent on a rational energy policy which
  1 12 promotes conservation, prevents unreasonable taxation
  1 13 that would inhibit the competitiveness of American
  1 14 energy producers against foreign=owned firms, and
  1 15 allows the full development of domestic energy sources
  1 16 in an ecologically sound manner; and
  1 17    WHEREAS, the windfall profits tax has proven itself
  1 18 to be an impediment to domestic energy production, a
  1 19 barrier to the competitiveness of American energy
  1 20 companies in the world market, and an unfair penalty
  1 21 on investors; and
  1 22    WHEREAS, the windfall profits tax is a direct cause
  1 23 of unnecessarily high retail energy prices and
  1 24 increases dependence on foreign oil; and
  1 25    WHEREAS, our national security and economic growth
  1 26 is imperiled by our growing dependence on foreign
  1 27 energy supplies that could be reduced by the
  1 28 development of a wide array of domestic energy
  1 29 sources; and
  1 30    WHEREAS, the exploration and development of all
  2  1 viable energy reserved in the United States is
  2  2 critical not only to our national economy but also to
  2  3 the redevelopment of the Gulf Coast economies
  2  4 decimated by natural disaster; and
  2  5    WHEREAS, the technology exists to develop domestic
  2  6 energy reserves in a manner that is compatible with
  2  7 the highest ecological standards; NOW THEREFORE,
  2  8    BE IT RESOLVED BY THE SENATE, That the Senate
  2  9 respectfully urges the Congress of the United States
  2 10 to move forward with all due haste to establish a
  2 11 national energy policy that incorporates the policies
  2 12 described in this Resolution to ensure an adequate
  2 13 supply of energy to our nation now and for generations
  2 14 to come; and
  2 15    BE IT FURTHER RESOLVED, That the Secretary of the
  2 16 Senate shall forward copies of this Resolution to the
  2 17 President of the United States, the President of the
  2 18 Senate of the United States, the Speaker of the House
  2 19 of Representatives of the United States, and the
  2 20 members of Iowa's congressional delegation.
  2 21 LSB 6461XS 81
  2 22 jr:nh/cf/24