What is the Natural Gas Act of 1938, and why is it important?

Natural
gas are fuels formed from fossil remains of organic and/or biological matter that are buried and
pressurized for several thousands of years beneath the Earth's crust.  The consumption of
natural gas has been extensively increasing as the technological advancement in concerned.
Therefore, there is a need for it to be regulated in order to have an orderly distribution for
fair consumption. 

Natural Gas Act of 1938 is...

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