Duties
The Commission regulates and enforces the laws and supervised the actives associated with:
- The exploration and production of oil and gas
- The storage and dispensing of petroleum based fuels
- The establishment of rates and services of public utilities
- The operation of intrastate transportation
Early emphasis for the Commission was on regulation of railroad routes and rates. Through changes by the Legislature, and the change in services considered essential to the public welfare, the Commission presently regulates public utilities, oil and gas industry (exploration, drilling, production and waste disposal), motor carrier transport, and petroleum products industry (transportation, storage, quality and dispensing). The Commission also monitors a number of federal programs for compliance in Oklahoma. The Commission also oversees the conservation of natural resources, avoiding waste production, abate pollution of the environment, and balancing the rights and needs of the people of Oklahoma with those of the regulated entities.
Read more about this topic: Oklahoma Corporation Commission
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—Oscar Wilde (1854–1900)