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55-1202. Public interest and welfare.

55-1202

Chapter 55.--OIL AND GAS
Article 12.--UNDERGROUND STORAGE OF NATURAL GAS

      55-1202.   Public interest and welfare.The underground storage of natural gas which promotes conservationthereof, which permits the building of reserves for orderly withdrawal inperiods of peak demand, which makes more readily available our natural gasresources to the domestic, commercial and industrial consumers of thisstate, and which provides a better year-round market to the various gasfields, promotes the public interest and welfare of this state.

      Therefore in the manner hereinafter provided the commission may find anddetermine that the underground storage of natural gas as hereinbeforedefined is in the public interest.

      History:   L. 1951, ch. 268, § 2; June 30.

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