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, 29184 [2014-11717]

Download as PDF 29184 Federal Register / Vol. 79, No. 98 / Wednesday, May 21, 2014 / Notices and competing applications using the Commission’s eFiling system at https:// www.ferc.gov/docs-filing/efiling.asp. Commenters can submit brief comments up to 6,000 characters, without prior registration, using the eComment system at https://www.ferc.gov/docs-filing/ ecomment.asp. You must include your name and contact information at the end of your comments. For assistance, please contact FERC Online Support at FERCOnlineSupport@ferc.gov, (866) 208–3676 (toll free), or (202) 502–8659 (TTY). In lieu of electronic filing, please send a paper copy to: Secretary, Federal Energy Regulatory Commission, 888 First Street NE., Washington, DC 20426. The first page of any filing should include docket number P–14594–000. More information about this project, including a copy of the application, can be viewed or printed on the ‘‘eLibrary’’ link of Commission’s Web site at https://www.ferc.gov/docs-filing/ elibrary.asp. Enter the docket number (P–14594) in the docket number field to access the document. For assistance, contact FERC Online Support. Dated: May 14, 2014. Kimberly D. Bose, Secretary. [FR Doc. 2014–11712 Filed 5–20–14; 8:45 am] BILLING CODE 6717–01–P DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. RM93–11–000] mstockstill on DSK4VPTVN1PROD with NOTICES 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 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 two point six five percent (PPI–FG + 2.65). The Commission determined in an ‘‘Order Establishing Index For Oil Price Change Ceiling Levels’’ issued December 16, 2010, that PPI–FG + 2.65 is the appropriate oil pricing index factor for pipelines to use for the five-year period commencing July 1, 2011.1 The regulations provide that the Commission will publish annually, an 1 133 FERC ¶ 61,228 at P 1 (2010). VerDate Mar<15>2010 17:42 May 20, 2014 Jkt 232001 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 194.2 for 2012 and 196.6 for 2013.2 Thus, the percent change (expressed as a decimal) in the annual average PPI–FG from 2012 to 2013, plus 2.65 percent, is positive 0.038858.3 Oil pipelines must multiply their July 1, 2013, through June 30, 2014, index ceiling levels by positive 1.038858 4 to compute their index ceiling levels for July 1, 2014, through June 30, 2015, in accordance with 18 CFR 342.3(d). For guidance in calculating the ceiling levels for each 12 month period beginning January 1, l995,5 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 5:00 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. 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, scroll down to ‘‘PPI Databases’’ and click on ‘‘Top Picks’’ of the Commodity Data including ‘‘headline’’ FD–ID indexes (Producer Price Index— PPI). At the next screen, under the heading ‘‘Producer Price Index Commodity Data,’’ select the box, ‘‘Finished goods—WPUSOP3000,’’ then scroll to the bottom of this screen and click on Retrieve data. 3 [196.6¥194.2]/194.2 = 0.012358 + 0.0265 = 0.038858 4 1 + 0.038858 = 1.038858 5 For a listing of all prior multipliers issued by the Commission, see the Commission’s Web site, https://www.ferc.gov/industries/oil/gen-info/ pipeline-index.asp. PO 00000 Frm 00028 Fmt 4703 Sfmt 4703 Dated: May 14, 2014. Kimberly D. Bose, Secretary. [FR Doc. 2014–11717 Filed 5–20–14; 8:45 am] BILLING CODE 6717–01–P DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. CP14–474–000] WBI Energy Transmission, Inc.; Notice of Request Under Blanket Authorization Take notice that on May 5, 2014, WBI Energy Transmission, Inc. (WBI Energy Transmission), 1250 West Century Avenue, PO Box 5601, Bismarck, North Dakota 58506–5601, filed in Docket No. CP14–474–000, a prior notice request pursuant to sections 157.205 and 157.208 of the Commission’s regulations under the Natural Gas Act (NGA) as amended, requesting authorization to establish a new Maximum Allowable Operating Pressure (MAOP) for three existing pipelines located in Washakie County, Wyoming. WBI Energy Transmission proposes to change the MAOP of the following pipelines: (i) 1,680 feet of eight-inch diameter pipeline from 242 pounds per square inch gauge (psig) to 1,000 psig; (ii) 1,856 feet 12-inch diameter pipeline from 100 psig to 200 psig; and (iii) 1,753 feet of 12-inch diameter pipeline from 800 psig to 300 psig. WBI Energy Transmission asserts that these changes are necessary in order to meet increased demand for additional pressure at the inlet of Devon Energy Production Company, LPS (Devon) Worland Plant. WBI Energy Transmission estimates that there are no costs associated with the Project, all as more fully set forth in the application which is on file with the Commission and open to public inspection. The filing may also be viewed on the web at https://www.ferc.gov using the ‘‘eLibrary’’ link. Enter the docket number excluding the last three digits in the docket number field to access the document. For assistance, please contact FERC Online Support at FERCOnlineSupport@ferc.gov or toll free at (866) 208–3676, or TTY, contact (202) 502–8659. Any questions concerning this application may be directed to Keith A. Tiggelaar, Director of Regulatory Affairs, WBI Energy Transmission, Inc., PO Box 5601, Bismarck, North Dakota, 58506– 5601, by telephone at (701) 530–1560, or by email at keith.tiggelaar@ wbienergy.com. E:\FR\FM\21MYN1.SGM 21MYN1

Agencies

[Federal Register Volume 79, Number 98 (Wednesday, May 21, 2014)]
[Notices]
[Page 29184]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-11717]


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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

    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 two point six 
five percent (PPI-FG + 2.65). The Commission determined in an ``Order 
Establishing Index For Oil Price Change Ceiling Levels'' issued 
December 16, 2010, that PPI-FG + 2.65 is the appropriate oil pricing 
index factor for pipelines to use for the five-year period commencing 
July 1, 2011.\1\
---------------------------------------------------------------------------

    \1\ 133 FERC ] 61,228 at P 1 (2010).
---------------------------------------------------------------------------

    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 194.2 for 
2012 and 196.6 for 2013.\2\ Thus, the percent change (expressed as a 
decimal) in the annual average PPI-FG from 2012 to 2013, plus 2.65 
percent, is positive 0.038858.\3\ Oil pipelines must multiply their 
July 1, 2013, through June 30, 2014, index ceiling levels by positive 
1.038858 \4\ to compute their index ceiling levels for July 1, 2014, 
through June 30, 2015, in accordance with 18 CFR 342.3(d). For guidance 
in calculating the ceiling levels for each 12 month period beginning 
January 1, l995,\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, 
scroll down to ``PPI Databases'' and click on ``Top Picks'' of the 
Commodity Data including ``headline'' FD-ID indexes (Producer Price 
Index--PPI). At the next screen, under the heading ``Producer Price 
Index Commodity Data,'' select the box, ``Finished goods--
WPUSOP3000,'' then scroll to the bottom of this screen and click on 
Retrieve data.
    \3\ [196.6-194.2]/194.2 = 0.012358 + 0.0265 = 0.038858
    \4\ 1 + 0.038858 = 1.038858
    \5\ For a listing of all prior multipliers issued by the 
Commission, see the Commission's Web site,  https://www.ferc.gov/industries/oil/gen-info/pipeline-index.asp.
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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 5:00 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.

    Dated: May 14, 2014.
Kimberly D. Bose,
Secretary.
[FR Doc. 2014-11717 Filed 5-20-14; 8:45 am]
BILLING CODE 6717-01-P
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