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Current as of January 01, 2024 | Updated by Findlaw Staff
The legislature hereby determines that:
A. shortages of petroleum products caused by discontinuance or significant reductions of normal and customary availability in New Mexico of petroleum supplies create severe economic dislocations and hardships, including loss of jobs, closing of factories and businesses, reduction of crop plantings and harvesting, and curtailment of vital public services, including the transportation of food and other essential goods;
B. such hardships and dislocations are a threat to the public health, safety and welfare and can be averted or minimized through the operation of the Emergency Petroleum Products Supply Act;
C. the purpose of the Emergency Petroleum Products Supply Act is to avert or minimize such threats to the public health, safety and welfare; and
D. the preservation of existing marketing and distribution facilities of petroleum products in the state is necessary to prevent chaos and promote the public health, safety and welfare.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 12. Miscellaneous Public Affairs Matters § 12-12-11. Purpose and findings - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-12-miscellaneous-public-affairs-matters/nm-st-sect-12-12-11/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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