Revisions to Oil Pipeline Regulations Pursuant to the Energy Policy Act of 1992; Notice of Annual Change in the Producer Price Index for Finished Goods, 29951 [E6-7963]

Download as PDF Federal Register / Vol. 71, No. 100 / Wednesday, May 24, 2006 / Notices cost of new entry? How should these costs be determined? C. How should expected revenues from the energy and ancillary service markets be estimated and how should they be used to adjust the height and slope of the demand curve? D. What is the appropriate capacity level at which the capacity price should equal the net cost of new entry. E. What is the appropriate slope or slopes for various portions of the demand curve? F. What is the appropriate maximum price and the appropriate capacity level at which the price of capacity should fall to zero? June 8, 2006 (9 a.m. to 5 p.m. (EST)) jlentini on PROD1PC65 with NOTICES Panel II. Long Term Fixed Resource Adequacy Requirement Panelists: • Mr. Craig Baker, Senior Vice President, Regulatory Services, American Electric Power Service Corporation (AEP). • Mr. Robert Bradish, Vice President, Transmission and Market Analysis, AEP. • Mr. John Horstmann, Director of RTO Affairs, the Dayton Power and Light Company. • Ms. Elizabeth Moler, Executive Vice President Government and Environmental Affairs and Public Policy, Exelon Corporation. • Mr. Andrew Ott, Vice President of Market Services, PJM. • Dr. Roy Shanker on behalf of PSEG Companies, FPL Energy L.L.C., Reliant Energy Inc., Constellation, Dominion Resources Services Inc. • Mr. Robert Stoddard on behalf of Mirant parties. • Mr. Stephen Wemple, Director, Retail and Regulatory Affairs, Consolidated Edison Energy. Issues: A. What should be the time period for which load serving entities (LSEs) must commit to using the long-term fixed resource requirement option? B. What should be the level of deficiency charge needed to ensure compliance? C. Should an LSE that fails to procure the full amount of capacity be precluded thereafter from using the long-term fixed resource requirement option? D. How much capacity should the LSE be required to procure under this option? [FR Doc. E6–7899 Filed 5–23–06; 8:45 am] BILLING CODE 6717–01–P VerDate Aug<31>2005 17:08 May 23, 2006 Jkt 208001 DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. RM93–11–000] Revisions to Oil Pipeline Regulations Pursuant to the Energy Policy Act of 1992; Notice of Annual Change in the Producer Price Index for Finished Goods May 18, 2006. The Commission’s regulations include a methodology for oil pipelines to change their rates through use of an index system that establishes ceiling levels for such rates. The Commission bases the index system, found at 18 CFR 342.3, on the annual change in the Producer Price Index for Finished Goods (PPI–FG), plus one point three percent (PPI+1.3). The Commission determined in an ‘‘Order Establishing Index For Oil Price Change Ceiling Levels’’ issued March 21, 2006, that PPI+1.3 is the appropriate oil pricing index factor for pipelines to use.1 The regulations provide that the Commission will publish annually, an index figure reflecting the final change in the PPI–FG, after the Bureau of Labor Statistics (BLS) publishes the final PPI– FG in May of each calendar year. The annual average PPI–FG index figures were 148.5 for 2004 and 155.7 for 2005.2 Thus, the percent change (expressed as a decimal) in the annual average PPI–FG from 2004 to 2005, plus 1.3 percent, is positive .061485.3 Oil pipelines must multiply their July 1, 2005, through June 30, 2006, index ceiling levels by positive 1.061485 4 to compute their index ceiling levels for July 1, 2006, through June 30, 2007, in accordance with 18 CFR 342.3(d). For guidance in calculating the ceiling levels for each 12 month period beginning January 1, 1995,5 see Explorer Pipeline Company, 71 FERC ¶ 61,416 at n.6 (1995). 1 114 FERC ¶ 61,293 at P 2 (2006). publishes the final figure in mid-May of each year. This figure is publicly available from the Division of Industrial Prices and Price Indexes of the BLS, at (202) 691–7705, and in print in August in Table 1 of the annual data supplement to the BLS publication Producer Price Indexes via the Internet at [https://www.bls.gov/ppi]. To obtain the BLS data, click on ‘‘Get Detailed PPI Statistics,’’ and then under the heading ‘‘Most Requested Statistics’’ click on ‘‘Commodity Data.’’ At the next screen, under the heading ‘‘Producer Price Index—Commodity,’’ select the first box, ‘‘Finished goods— WPUSOP3000’’, then scroll all the way to the bottom of this screen and click on Retrieve data. 3 [155.7¥148.5] / 148.5 = 0.048485 + .013 = 0.061485. 4 1 + 0.061485 = 1.061485. 5 For a listing of all prior multipliers issued by the Commission, see the Commission’s Web site, https:// www.ferc.gov. The table of multipliers can be found under the headings ‘‘Oil’’ and ‘‘Index’’. 2 BLS PO 00000 Frm 00041 Fmt 4703 Sfmt 4703 29951 In addition to publishing the full text of this Notice in the Federal Register, the Commission provides all interested persons an opportunity to view and/or print this Notice via the Internet through FERC’s Home Page (https:// www.ferc.gov) and in FERC’s Public Reference Room during normal business hours (8:30 a.m. to 5 p.m. Eastern time) at 888 First Street, NE., Room 2A, Washington, DC 20426. The full text of this Notice is available on FERC’s Home Page at the eLibrary link. To access this document in eLibrary, type the docket number excluding the last three digits of this document in the docket number field and follow other directions on the search page. User assistance is available for eLibrary and other aspects of FERC’s Web site during normal business hours. For assistance, please contact the Commission’s Online Support at 1–866– 208–3676 (toll free) or 202–502–6652 (email at FERCOnlineSupport@ferc.gov), or the Public Reference Room at (202) 502–8371, TTY (202) 502–8659. E-Mail the Public Reference Room at public.referenceroom@ferc.gov. Magalie R. Salas, Secretary. [FR Doc. E6–7963 Filed 5–23–06; 8:45 am] BILLING CODE 6717–01–P ENVIRONMENTAL PROTECTION AGENCY [EPA–HQ–OPP–2006–0237; FRL–8062–9] Management Support Technology Inc. (MTSI); Transfer of Data Environmental Protection Agency (EPA). ACTION: Notice. AGENCY: SUMMARY: This notice announces that pesticide related information submitted to EPA’s Office of Pesticide Programs (OPP) pursuant to the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) and the Federal Food, Drug, and Cosmetic Act (FFDCA), including information that may have been claimed as Confidential Business Information (CBI) by the submitter, will be tranferred to MTSI in accordance with 40 CFR 2.307(h)(3) and 2.308(i)(2). MTSI has been awarded multiple contracts to perform work for OPP, and access to this information will enable MTSI to fulfill the obligations of the contract. DATES: MTSI will be given access to this information on or before May 30, 2006. FOR FURTHER INFORMATION CONTACT: Felicia Croom, Information Technology and Resources Management Division E:\FR\FM\24MYN1.SGM 24MYN1

Agencies

[Federal Register Volume 71, Number 100 (Wednesday, May 24, 2006)]
[Notices]
[Page 29951]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-7963]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. RM93-11-000]


Revisions to Oil Pipeline Regulations Pursuant to the Energy 
Policy Act of 1992; Notice of Annual Change in the Producer Price Index 
for Finished Goods

May 18, 2006.
    The Commission's regulations include a methodology for oil 
pipelines to change their rates through use of an index system that 
establishes ceiling levels for such rates. The Commission bases the 
index system, found at 18 CFR 342.3, on the annual change in the 
Producer Price Index for Finished Goods (PPI-FG), plus one point three 
percent (PPI+1.3). The Commission determined in an ``Order Establishing 
Index For Oil Price Change Ceiling Levels'' issued March 21, 2006, that 
PPI+1.3 is the appropriate oil pricing index factor for pipelines to 
use.\1\
---------------------------------------------------------------------------

    \1\ 114 FERC ] 61,293 at P 2 (2006).
---------------------------------------------------------------------------

    The regulations provide that the Commission will publish annually, 
an index figure reflecting the final change in the PPI-FG, after the 
Bureau of Labor Statistics (BLS) publishes the final PPI-FG in May of 
each calendar year. The annual average PPI-FG index figures were 148.5 
for 2004 and 155.7 for 2005.\2\ Thus, the percent change (expressed as 
a decimal) in the annual average PPI-FG from 2004 to 2005, plus 1.3 
percent, is positive .061485.\3\ Oil pipelines must multiply their July 
1, 2005, through June 30, 2006, index ceiling levels by positive 
1.061485 \4\ to compute their index ceiling levels for July 1, 2006, 
through June 30, 2007, in accordance with 18 CFR 342.3(d). For guidance 
in calculating the ceiling levels for each 12 month period beginning 
January 1, 1995,\5\ see Explorer Pipeline Company, 71 FERC ] 61,416 at 
n.6 (1995).
---------------------------------------------------------------------------

    \2\ BLS publishes the final figure in mid-May of each year. This 
figure is publicly available from the Division of Industrial Prices 
and Price Indexes of the BLS, at (202) 691-7705, and in print in 
August in Table 1 of the annual data supplement to the BLS 
publication Producer Price Indexes via the Internet at [https://
www.bls.gov/ppi]. To obtain the BLS data, click on ``Get Detailed 
PPI Statistics,'' and then under the heading ``Most Requested 
Statistics'' click on ``Commodity Data.'' At the next screen, under 
the heading ``Producer Price Index--Commodity,'' select the first 
box, ``Finished goods--WPUSOP3000'', then scroll all the way to the 
bottom of this screen and click on Retrieve data.
    \3\ [155.7-148.5] / 148.5 = 0.048485 + .013 = 0.061485.
    \4\ 1 + 0.061485 = 1.061485.
    \5\ For a listing of all prior multipliers issued by the 
Commission, see the Commission's Web site, https://www.ferc.gov. The 
table of multipliers can be found under the headings ``Oil'' and 
``Index''.
---------------------------------------------------------------------------

    In addition to publishing the full text of this Notice in the 
Federal Register, the Commission provides all interested persons an 
opportunity to view and/or print this Notice via the Internet through 
FERC's Home Page (https://www.ferc.gov) and in FERC's Public Reference 
Room during normal business hours (8:30 a.m. to 5 p.m. Eastern time) at 
888 First Street, NE., Room 2A, Washington, DC 20426. The full text of 
this Notice is available on FERC's Home Page at the eLibrary link. To 
access this document in eLibrary, type the docket number excluding the 
last three digits of this document in the docket number field and 
follow other directions on the search page.
    User assistance is available for eLibrary and other aspects of 
FERC's Web site during normal business hours. For assistance, please 
contact the Commission's Online Support at 1-866-208-3676 (toll free) 
or 202-502-6652 (e-mail at FERCOnlineSupport@ferc.gov), or the Public 
Reference Room at (202) 502-8371, TTY (202) 502-8659. E-Mail the Public 
Reference Room at public.referenceroom@ferc.gov.

Magalie R. Salas,
Secretary.
 [FR Doc. E6-7963 Filed 5-23-06; 8:45 am]
BILLING CODE 6717-01-P
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