Arkansas § 15-72-603 Public interest and welfare - Authority of commission

Arkansas Statutes

§ 15-72-603 — Public interest and welfare - Authority of commission

Arkansas § 15-72-603

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Bluebook

Ark. Code Ann. § 15-72-603 (2026).

Text

(a)The underground storage of gas, which promotes conservation thereof, which permits the building of reserves for orderly withdrawal in periods of peak demand, which makes more readily available and economical our gas resources to the domestic, commercial, and industrial consumers of this state, and which provides a better year-round market to the various gas fields, contributes to a healthier environment, and promotes the public interest and welfare of this state.

(b)Therefore, in the manner hereinafter provided, the Oil and Gas Commission may find and determine that the underground storage of gas as hereinbefore defined is in the public interest.

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(a) The underground storage of gas, which promotes conservation thereof, which permits the building of reserves for orderly withdrawal in periods of peak demand, which makes more readily available and economical our gas resources to the domestic, commercial, and industrial consumers of this state, and which provides a better year-round market to the various gas fields, contributes to a healthier environment, and promotes the public interest and welfare of this state. (b) Therefore, in the manner hereinafter provided, the Oil and Gas Commission may find and determine that the underground storage of gas as hereinbefore defined is in the public interest.