Control Policy: End-User and End-Use Base, 81744 [2015-33049]
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81744
Federal Register / Vol. 80, No. 251 / Thursday, December 31, 2015 / Rules and Regulations
www.regulations.gov in Docket No. FAA–
2015–1480.
DEPARTMENT OF COMMERCE
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15 CFR Part 774
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CFR Correction
Issued in Fort Worth, Texas, on December
15, 2015.
Lance T. Gant,
Manager, Rotorcraft Directorate, Aircraft
Certification Service.
[FR Doc. 2015–32258 Filed 12–30–15; 8:45 am]
BILLING CODE 4910–13–P
DEPARTMENT OF COMMERCE
Bureau of Industry and Security
15 CFR Part 744
Control Policy: End-User and End-Use
Base
tkelley on DSK3SPTVN1PROD with RULES
CFR Correction
[FR Doc. 2015–33049 Filed 12–30–15; 8:45 am]
BILLING CODE 1505–01–D
16:05 Dec 30, 2015
[FR Doc. 2015–33047 Filed 12–30–15; 8:45 am]
BILLING CODE 1505–01–D
DEPARTMENT OF ENERGY
Federal Energy Regulatory
Commission
I. Background
18 CFR Part 342
[Docket No. RM15–20–000]
Five-Year Review of the Oil Pipeline
Index
Federal Energy Regulatory
Commission, DOE.
ACTION: Order establishing index level.
AGENCY:
The Federal Energy
Regulatory Commission (Commission)
issues this Final Order concluding its
five-year review of the index level used
to determine annual changes to oil
pipeline rate ceilings. The Commission
establishes an index level of Producer
Price Index for Finished Goods plus
1.23 percent (PPI–FG+1.23) for the fiveyear period commencing July 1, 2016.
DATES: December 31, 2015.
FOR FURTHER INFORMATION CONTACT:
Andrew Knudsen (Legal Information),
Office of the General Counsel, 888
First Street NE., Washington, DC
20426, (202) 502–6527
Monil Patel (Technical Information),
Office of Energy Market Regulation,
888 First Street NE., Washington, DC
20426, (202) 502–8296
SUPPLEMENTARY INFORMATION:
SUMMARY:
Order Establishing Index Level
In Title 15 of the Code of Federal
Regulations, Parts 300 to 799, revised as
of January 1, 2015, on page 414, in
supplement no. 4 to part 744, remove
the entry for ‘‘Sergey Grinenko’’ from
‘‘GREECE’’ and add it in alphabetical
order under ‘‘GERMANY’’.
VerDate Sep<11>2014
In Title 15 of the Code of Federal
Regulations, Parts 300 to 799, revised as
of January 1, 2015, on page 999, in
Supplement 1 to Part 774, in Category
9, Export Control Classification Number
(ECCN) 9E003, in the Items section,
remove the second introductory text of
paragraph f.1.
Jkt 238001
(Issued December 17, 2015)
1. On June 30, 2015, the Commission
issued a Notice of Inquiry initiating its
five-year review to establish the oil
pipeline index level for the July 1, 2016
to June 30, 2021 time period.1 The June
1 Five-Year Review of the Oil Pipeline Index, 80
FR 39010 (July 8, 2015), FERC Stats. & Regs. ¶
PO 00000
Frm 00008
Fmt 4700
Sfmt 4700
2015 NOI requested comment regarding
(a) a proposed index level between
Producer Price Index for Finished
Goods (PPI–FG)+2.0 percent and PPI–
FG+2.4 percent 2 and (b) any alternative
methodologies for calculating that index
level.
2. For the reasons discussed below,
the Commission adopts an index level
of the PPI–FG+1.23 percent. The
departure from the June 2015 NOI
results from (a) the use of FERC Form
No. 6 page 700 (page 700) data that
directly measures changing pipeline
costs as opposed to the estimates
previously used to calculate the index
level 3 and (b) updated Form No. 6
filings and other corrections to the data
set. The Commission’s indexing
calculations and other data analysis are
contained in Attachment A to this order.
As discussed below, the Commission
rejects other changes to the index
calculation proposed by commenters.
A. Establishment of the Indexing
Methodology
3. The Energy Policy Act of 1992
(EPAct 1992) required the Commission
to establish a ‘‘simplified and generally
applicable’’ ratemaking methodology 4
that also was consistent with the just
and reasonable standard of review of the
Interstate Commerce Act (ICA).5 To
implement EPAct 1992’s mandate, the
Commission issued Order No. 561 6
establishing an indexing methodology
that allows oil pipelines to change their
rates subject to certain ceiling levels as
opposed to making cost-of-service
filings.7
35,053 (cross-referenced at 151 FERC ¶ 61,278 at P
1 (June 2015 NOI)).
2 The June 2015 NOI included a range as opposed
to a specific index level because some pipelines had
yet to report FERC Form No. 6 (Form No. 6) data
for 2014.
3 The index range presented in the June 2015 NOI
was calculated based on estimates derived from
FERC Form No. 6 accounting data on pages 110–
111, 114, and page 600.
4 Public Law 102–486, 106 Stat. 3010, 1801(a)
(Oct. 24, 1992). EPAct 1992’s mandate to establish
a simplified and generally applicable method of
regulating oil transportation rates specifically
excluded the Trans-Alaska Pipeline System (TAPS),
or any pipeline delivering oil, directly or indirectly,
into it. Id. 1804(2)(B).
5 49 U.S.C. app. 1 (1988).
6 See Revisions to Oil Pipeline Regulations
Pursuant to the Energy Policy Act of 1992, Order
No. 561, FERC Stats. & Regs. ¶ 30,985 (1993), order
on reh’g, Order No. 561–A, FERC Stats. & Regs. ¶
31,000 (1994), aff’d, Assoc. of Oil Pipelines v. FERC,
83 F.3d 1424 (D.C. Cir. 1996).
7 Pursuant to the Commission’s indexing
methodology, oil pipelines change their rate ceiling
levels effective every July 1 by ‘‘multiplying the
previous index year’s ceiling level by the most
recent index published by the Commission.’’ 18
CFR 342.3(d)(1) (2015). Oil pipeline rates may be
adjusted to the ceiling levels pursuant to the
E:\FR\FM\31DER1.SGM
31DER1
Agencies
[Federal Register Volume 80, Number 251 (Thursday, December 31, 2015)]
[Rules and Regulations]
[Page 81744]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-33049]
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DEPARTMENT OF COMMERCE
Bureau of Industry and Security
15 CFR Part 744
Control Policy: End-User and End-Use Base
CFR Correction
In Title 15 of the Code of Federal Regulations, Parts 300 to 799,
revised as of January 1, 2015, on page 414, in supplement no. 4 to part
744, remove the entry for ``Sergey Grinenko'' from ``GREECE'' and add
it in alphabetical order under ``GERMANY''.
[FR Doc. 2015-33049 Filed 12-30-15; 8:45 am]
BILLING CODE 1505-01-D