Sec. 5. The commission shall regulate the drilling, casing, operating, plugging, and abandoning of wells and any related fluid storage to prevent the following:
(1) Waste.
(2) Fresh water pollution.
(3) Blowouts.
(4) Cavings.
(5) Seepages.
(6) Fires.
(7) Unreasonably detrimental effects upon fish, wildlife, and botanical resources.