Chapter 55 - Oil And Gas

Article 14 Pricing Of Natural Gas

55-1414 Profits of pipelines from certain natural gas sales apportioned to customers

Any intrastate pipeline making an intrastate sale of natural gas the purpose for which is to allow intrastate natural gas to be substituted for interstate natural gas in the compressor facilities of an interstate pipeline shall apportion the profit accrued from such sale to its natural gas customers without regard to their source of supply.

History: L. 1979, ch. 171, 14; May 29.