Number 062 SJR 13 - EXPORT OF ALASKAN OIL SENATOR JOHNNY ELLIS supported the resolution. He mentioned that Alaska has lost about $2.5 billion since the early 1970s, when the two federal acts were imposed on the state. He further stated the Department of Energy is reviewing the national pros and cons of lifting the bans and although an extension is expected regarding re-authorization of the Export Act, Congressional hearings will soon be reviewing the terms and details, which include Alaska's situation. Therefore any expeditious assistance provided to Senator Pearce in attending the Energy Council meeting next month will assist our Congressional Delegation in making Alaska's case in Congress. Number 083 REPRESENTATIVE JOE SITTON stated that he supports the resolution, but questioned TAPS's historical position on the export ban. SENATOR ELLIS responded to the question with some historical information and indicated there probably was a deal made between the Trans Atlantic Pipeline Service and the legislation of the 1970s. Energy Department projections have claimed that imported oil will be up to 60 percent in the relatively near future, which is why the California independent oil producers are our biggest allies in this fight; domestic oil production is at the bottom of the barrel. Although the timing seems to be right, this will be an uphill battle. Members of Congress will be debating this issue in the spring. SENATOR JALMAR KERTTULA indicated Alaska's need for inclusion and fair treatment in the nation's equity policies. Number 141 SENATOR ELLIS emphasized the importance of providing Congress with current information such as the Prudhoe Bay production curve. In order to make an informed decision, Congress needs to know of brand new discoveries in the oil field. Economists previously projected a two to seven year glut of crude remaining on the West Coast; additional information might indicate a greater benefit than is currently being recognized. REPRESENTATIVE PETE KOTT moved and asked unanimous consent to adopt SJR 13. Hearing no objection, the motion carried.