(a) A gas utility, including a business described by Section 121.001(a)(3), is affected with a public interest.
(b) A business described by Section 121.001(a)(3) is a virtual monopoly.
(c) A business described by Section 121.001(a)(3) and the property of the business used in this state is subject to the jurisdiction, control, and regulation of the railroad commission as provided by this chapter.
Official text of the Texas Utilities Code as published by the Texas Legislative Council.