N.M. Stat. § 70-6-1
Public interest and welfare.
The underground storage of natural gas which promotes conservation thereof, which
permits the building of reserves for orderly withdrawal in periods of peak demand, which
makes more readily available our natural gas resources to the domestic, commercial
and industrial consumers of this state, and which provides a better year-round market to
the various gas fields, is hereby declared to be in the public interest and welfare of this
state and the citizens hereof.