{"data":{"id":"us-ok/okla.-stat.-tit.-52-52-272","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 52, § 52-272","heading":"Production and sale regulated - Corporation Commission,","body":"authority of.\n\nThe taking of crude oil or petroleum from any oil-bearing sand\n\nor sands in the State of Oklahoma at a time when there is not a\n\nmarket demand therefor at the well at a price equivalent to the\n\nactual value of such crude oil or petroleum is hereby prohibited,\n\nand the actual value of such crude oil or petroleum at any time\n\nshall be the average value as near as may be ascertained in the\n\nUnited States at retail of the by-products of such crude oil or\n\npetroleum when refined less the cost and a reasonable profit in the\n\nbusiness of transporting, refining and marketing the same, and the\n\nCorporation Commission of this state is hereby invested with the\n\nauthority and power to investigate and determine from time to time\n\nthe actual value of such crude oil or petroleum by the standard\n\nherein provided, and when so determined said Commission shall\n\npromulgate its findings by its orders duly made and recorded, and\n\npublish the same in some newspaper of general circulation in the\n\nstate.","path":["OK Code","Title 52"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os52.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"fba042d2e5ddbe0494b913666d6d4a5d808849f9537d2c22ae344e01d44fa87a","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-52-52-271","next":"us-ok/okla.-stat.-tit.-52-52-273"},"notice":"GroundRules: Original legal text. Not legal advice."}