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, 30912 [E8-11912]

Download as PDF 30912 Federal Register / Vol. 73, No. 104 / Thursday, May 29, 2008 / Notices management decisions that are best suited to local, regional, and national needs and concerns. Early participation is encouraged and will help determine the content of each Agency’s solar energy program and the future management of the Federal, State, tribal or private lands used for utility-scale solar energy projects. The Agencies anticipate that the Solar Energy Development PEIS will be completed in approximately 22 months; the process will include public and agency scoping; coordination and consultation with Federal, State, and local agencies and tribal governments; publication of a draft PEIS; public review of the draft PEIS; and publication of a final PEIS. The draft PEIS is scheduled to be issued in spring 2009. The availability of the draft PEIS and dates for public hearings soliciting comments on it will be announced in the Federal Register and local media. Comments on the draft PEIS will be considered in preparing the final PEIS. Interested parties not submitting comments at this time but who would like to receive a copy of the draft PEIS and other project materials should indicate this preference through the project Web site (https:// solareis.anl.gov), or by contacting Lisa Jorgensen or Linda Resseguie as provided in the ADDRESSES section of this notice. Issued in Washington, DC, on May 23, 2008. Alexander A. Karsner, Assistant Secretary, Energy Efficiency and Renewable Energy, Department of Energy. Ray Brady, Manager, Energy Policy Act Team, Bureau of Land Management, Department of the Interior. [FR Doc. E8–12024 Filed 5–28–08; 8:45 am] BILLING CODE 6450–01–P DEPARTMENT OF ENERGY 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 publishes the final PPI–FG in May of each calendar year. The annual average PPI–FG index figures were 160.4 for 2006 and 166.6 for 2007.2 Thus, the percent change (expressed as a decimal) in the annual average PPI–FG from 2006 to 2007, plus 1.3 percent, is positive .051653.3 Oil pipelines must multiply their July 1, 2007, through June 30, 2008, index ceiling levels by positive 1.051653 4 to compute their index ceiling levels for July 1, 2008 through June 30, 2009, 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). 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. 1 114 FERC ¶ 61,293 at P 2 (2006). of Labor Statistics (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/home.htm. 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 [166.6—160.4]/160.4 = 0.038653 + .013 = 0.051653 4 1 + 0.051653 = 1.051653 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 Bureau 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 jlentini on PROD1PC65 with NOTICES May 21, 2008. 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 VerDate Aug<31>2005 17:45 May 28, 2008 Jkt 214001 PO 00000 Frm 00033 Fmt 4703 Sfmt 4703 User assistance is available for eLibrary and other aspects of FERC’s website 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. Kimberly D. Bose, Secretary. [FR Doc. E8–11912 Filed 5–28–08; 8:45 am] BILLING CODE 6717–01–P DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Combined Notice of Filings #1 May 21, 2008. Take notice that the Commission has received the following Natural Gas Pipeline Rate and Refund Report filings: Docket Numbers: RP99–301–208. Applicants: ANR Pipeline Company. Description: ANR Pipeline Co submits an amendment to Rate Schedule FTS–1 and gathering negotiated rate agreements with Eagle Energy Partners I, LP. Filed Date: 05/19/2008. Accession Number: 20080520–0299. Comment Date: 5 p.m. Eastern Time on Monday, June 2, 2008. Docket Numbers: RP06–200–043. Applicants: Rockies Express Pipeline LLC. Description: Rockies Express Pipeline LLC submits First Revised Sheet 9E.01 et al. to FERC Gas Tariff, Second Revised Volume 1, to become effective 5/20/08. Filed Date: 05/19/2008. Accession Number: 20080520–0296. Comment Date: 5 p.m. Eastern Time on Monday, June 2, 2008. Docket Numbers: RP08–251–001. Applicants: Transcontinental Gas Pipe Line Corp. Description: Transcontinental Gas Pipe Line Corp submits Fifty-Third Revised Sheet 27 et al. to FERC Gas Tariff, Third Revised Volume 1. Filed Date: 05/19/2008. Accession Number: 20080520–0295. Comment Date: 5 p.m. Eastern Time on Monday, June 2, 2008. Docket Numbers: RP08–381–000. Applicants: Questar Southern Trails Pipeline Company. Description: Questar Southern Trails Pipeline Co submits Third Revised Sheet 65 et al. to FERC Gas Tariff, E:\FR\FM\29MYN1.SGM 29MYN1

Agencies

[Federal Register Volume 73, Number 104 (Thursday, May 29, 2008)]
[Notices]
[Page 30912]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-11912]


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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 21, 2008.
    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\
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    \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 publishes the final PPI-FG in May of each 
calendar year. The annual average PPI-FG index figures were 160.4 for 
2006 and 166.6 for 2007.\2\ Thus, the percent change (expressed as a 
decimal) in the annual average PPI-FG from 2006 to 2007, plus 1.3 
percent, is positive .051653.\3\ Oil pipelines must multiply their July 
1, 2007, through June 30, 2008, index ceiling levels by positive 
1.051653 \4\ to compute their index ceiling levels for July 1, 2008 
through June 30, 2009, in accordance with 18 CFR Sec.  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).
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    \2\ Bureau of Labor Statistics (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/home.htm. 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\ [166.6--160.4]/160.4 = 0.038653 + .013 = 0.051653
    \4\ 1 + 0.051653 = 1.051653
    \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.''
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    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 website 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.

Kimberly D. Bose,
Secretary.
[FR Doc. E8-11912 Filed 5-28-08; 8:45 am]
BILLING CODE 6717-01-P
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