In determining and regulating the rates and charges of a natural gas utility company, the Arkansas Public Service Commission shall allow as an operating expense of the natural gas utility company, for natural gas produced by it, the fair value or reasonable market price of the natural gas at the point at which the gas is delivered into the transmission system of the natural gas utility company in or within the vicinity of the field or fields where produced.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 1 - Public Utilities And Carriers
Chapter 15 - Pipeline Companies
Subchapter 1 - General Provisions
§ 23-15-101. Common carriers — Eminent domain
§ 23-15-104. Rates and charges of natural gas utilities — Determination
§ 23-15-105. Pipeline companies authorized to transport ammonia and other components of fertilizer