53-3-153 - Legislative declaration. - Mississippi Statutes

§ 53-3-153. Legislative declaration.
 

The underground storage of natural gas or compressed air which promotes the conservation thereof, which permits the building of large quantities of natural gas or compressed air in reserve for orderly withdrawal in periods of peak demand, making natural gas or compressed air more readily available to the consumer, or which provides more uniform withdrawal from various gas or oil fields, is in the public interest and welfare of this state and is for a public purpose. 
 

Sources: Codes, 1942, § 6132-132; Laws,  1971, ch. 436, § 2; Laws,  1992, ch. 344 § 4, eff from and after passage (approved April 20, 1992).