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, 28993 [2015-12182]

Download as PDF Federal Register / Vol. 80, No. 97 / Wednesday, May 20, 2015 / Notices Comments: Comments are invited on: (1) Whether the collection of information is necessary for the proper performance of the functions of the Commission, including whether the information will have practical utility; (2) the accuracy of the agency’s estimate of the burden and cost of the collection of information, including the validity of the methodology and assumptions used; (3) ways to enhance the quality, utility and clarity of the information collection; and (4) ways to minimize the burden of the collection of information on those who are to respond, including the use of automated collection techniques or other forms of information technology. Dated: May 14, 2015. Kimberly D. Bose, Secretary. [FR Doc. 2015–12216 Filed 5–19–15; 8:45 am] BILLING CODE 6717–01P 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,1 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. 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 196.6 for 2013 and 200.4 for 2014.2 1 133 FERC ¶ 61,228 at P 1 (2010). 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:// 2 Bureau VerDate Sep<11>2014 23:50 May 19, 2015 Jkt 235001 Thus, the percent change (expressed as a decimal) in the annual average PPI–FG from 2013 to 2014, plus 2.65 percent, is positive 0.045829.3 Oil pipelines must multiply their July 1, 2014, through June 30, 2015, index ceiling levels by positive 1.045829 4 to compute their index ceiling levels for July 1, 2015, through June 30, 2016, 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. Dated: May 14, 2015. Nathaniel J. Davis, Sr., Deputy Secretary. [FR Doc. 2015–12182 Filed 5–19–15; 8:45 am] BILLING CODE 6717–01–P 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 [200.4 – 196.6]/196.6 = 0.019329 + 0.0265 = 0.045829 4 1 + 0.045829 = 1.045829. 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/pipelineindex.asp. PO 00000 Frm 00065 Fmt 4703 Sfmt 4703 28993 DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. CP15–482–000] Sabine Pass Liquefaction, LLC; Sabine Pass LNG, L.P.; Notice of Application Take notice that on May 5, 2015, Sabine Pass Liquefaction, LLC and Sabine Pass LNG, L.P. (collectively, Sabine), 700 Milam Street, Suite 1900, Houston, Texas 77002, filed in Docket No. CP15–482–000 an application pursuant to section 3(a) of the Natural Gas Act (NGA) for a limited amendment to construct approximately 5,000 feet of 36-inch diameter pipeline and appurtenances in Cameron Parish, Louisiana (EMP Project). Sabine states that the EMP Project will connect to Transcontinental Gas Pipe Line Company, LLC’s proposed Gulf Trace Expansion Project in Docket No. CP15– 29–000, all as more fully set forth in the application which is on file with the Commission and open to public inspection. The filing is available for review at the Commission in the Public Reference Room or may be viewed on the Commission’s Web site 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, contact FERC at FERCOnlineSupport@ferc.gov or call toll-free, (886) 208–3676 or TYY, (202) 502–8659. Any questions concerning these applications may be directed to Lisa M. Tonery, Norton Rose Fulbright US LLP, 666 Fifth Avenue, New York, New York 10103 by telephone at (212) 318–3009 or by email at lisa.tonery@ nortonrosefulbright.com. Pursuant to section 157.9 of the Commission’s rules, 18 CFR 157.9, within 90 days of this Notice, the Commission staff will either: Complete its environmental assessment (EA) and place it into the Commission’s public record (eLibrary) for this proceeding; or issue a Notice of Schedule for Environmental Review. If a Notice of Schedule for Environmental Review is issued, it will indicate, among other milestones, the anticipated date for the Commission staff’s issuance of the EA for this proposal. The filing of the EA in the Commission’s public record for this proceeding or the issuance of a Notice of Schedule for Environmental Review will serve to notify federal and state agencies of the timing for the completion of all necessary reviews, and the subsequent need to complete all federal authorizations within 90 days of E:\FR\FM\20MYN1.SGM 20MYN1

Agencies

[Federal Register Volume 80, Number 97 (Wednesday, May 20, 2015)]
[Notices]
[Page 28993]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-12182]


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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,\1\ 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\ 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 196.6 for 
2013 and 200.4 for 2014.\2\ Thus, the percent change (expressed as a 
decimal) in the annual average PPI-FG from 2013 to 2014, plus 2.65 
percent, is positive 0.045829.\3\ Oil pipelines must multiply their 
July 1, 2014, through June 30, 2015, index ceiling levels by positive 
1.045829 \4\ to compute their index ceiling levels for July 1, 2015, 
through June 30, 2016, 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\ [200.4 - 196.6]/196.6 = 0.019329 + 0.0265 = 0.045829
    \4\ 1 + 0.045829 = 1.045829.
    \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, 2015.
Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. 2015-12182 Filed 5-19-15; 8:45 am]
BILLING CODE 6717-01-P
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