Notice of Annual Change in the Producer Price Index for Finished Goods; Revisions to Oil Pipeline Regulations Pursuant to the Energy Policy Act of 1992, 23450-23451 [2018-10756]

Download as PDF 23450 Federal Register / Vol. 83, No. 98 / Monday, May 21, 2018 / Notices 888 First Street NE, Washington, DC 20426. This filing is accessible on-line at https://www.ferc.gov, using the eLibrary link and is available for review in the Commission’s Public Reference Room in Washington, DC. There is an eSubscription link on the website that enables subscribers to receive email notification when a document is added to a subscribed docket(s). For assistance with any FERC Online service, please email FERCOnlineSupport@ferc.gov, or call (866) 208–3676 (toll free). For TTY, call (202) 502–8659. Comment Date: 5:00 p.m. Eastern Time on June 4, 2018. Dated: May 15, 2018. Nathaniel J. Davis, Sr., Deputy Secretary. [FR Doc. 2018–10728 Filed 5–18–18; 8:45 am] BILLING CODE 6717–01–P DEPARTMENT OF ENERGY The Commission encourages electronic submission of protests and interventions in lieu of paper using the eFiling link at https://www.ferc.gov. Persons unable to file electronically should submit an original and 5 copies of the protest or intervention to the Federal Energy Regulatory Commission, 888 First Street NE, Washington, DC 20426. This filing is accessible on-line at https://www.ferc.gov, using the eLibrary link and is available for review in the Commission’s Public Reference Room in Washington, DC. There is an eSubscription link on the website that enables subscribers to receive email notification when a document is added to a subscribed docket(s). For assistance with any FERC Online service, please email FERCOnlineSupport@ferc.gov, or call (866) 208–3676 (toll free). For TTY, call (202) 502–8659. Comment Date: 5:00 p.m. Eastern time on May 31, 2018. Federal Energy Regulatory Commission Dated: May 15, 2018. Kimberly D. Bose, Secretary. [Docket No. OR18–24–000] [FR Doc. 2018–10757 Filed 5–18–18; 8:45 am] BILLING CODE 6717–01–P sradovich on DSK3GMQ082PROD with NOTICES Notice of Request for Temporary Waiver; Merit Energy Company, LLC, Lambda Energy Resources, LLC DEPARTMENT OF ENERGY Take notice that on May 14, 2018, pursuant to Rule 204 of the Federal Energy Regulatory Commission’s (Commission) Rules of Practice and Procedure, 18 CFR 385.204, Merit Energy Company, LLC and Lambda Energy Resources, LLC filed a petition seeking waiver of ICA sections 6 and 20 and Commission’s implementing regulations at 18 CFR parts 341 and 357 with respect to the Kalkaska, Michigan pipeline which transports ethane and other natural gas liquids, and is being sold by Merit Energy Company, LLC to Lambda Energy Resources, LLC or an affiliate of Lambda, all as more fully explained in the petition. Any person desiring to intervene or to protest this filing must file in accordance with Rules 211 and 214 of the Commission’s Rules of Practice and Procedure (18 CFR 385.211 and 385.214. Protests will be considered by the Commission in determining the appropriate action to be taken, but will not serve to make protestants parties to the proceeding. Any person wishing to become a party must file a notice of intervention or motion to intervene, as appropriate. Such notices, motions, or protests must be filed on or before the comment date. Anyone filing a motion to intervene or protest must serve a copy of that document on the Petitioner. VerDate Sep<11>2014 18:20 May 18, 2018 Jkt 244001 Federal Energy Regulatory Commission [Docket No. RM93–11–000] Notice of Annual Change in the Producer Price Index for Finished Goods; Revisions to Oil Pipeline Regulations Pursuant to the Energy Policy Act of 1992 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 two three percent (PPI–FG + 1.23). The Commission determined in an Order Establishing Index Level,1 issued December 17, 2015, that PPI–FG + 1.23 is the appropriate oil pricing index factor for pipelines to use for the fiveyear period commencing July 1, 2016. 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 1 153 PO 00000 FERC 61,312 at P 52 (2015). Frm 00037 Fmt 4703 Sfmt 4703 average PPI–FG index figures were 191.9 for 2016 and 198.0 for 2017.2 Thus, the percent change (expressed as a decimal) in the annual average PPI–FG from 2016 to 2017, plus 1.23 percent, is positive 0.044087.3 Oil pipelines must multiply their July 1, 2017, through June 30, 2018, index ceiling levels by positive 1.044087 4 to compute their index ceiling levels for July 1, 2018, through June 30, 2019, 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 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. Email 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 PPI Commodity Data, select the box, Finished goods— WPUFD49207, then scroll to the bottom of this screen and click on Retrieve data. 3 [198.0¥191.9]/191.9 = 0.031787 + 0.0123 = + 0.044087. 4 1 + 0.044087 = 1.044087. 5 For a listing of all prior multipliers issued by the Commission, see the Commission’s website, https:// www.ferc.gov/industries/oil/gen-info/pipelineindex.asp. E:\FR\FM\21MYN1.SGM 21MYN1 Federal Register / Vol. 83, No. 98 / Monday, May 21, 2018 / Notices Dated: May 11, 2018. Kimberly D. Bose, Secretary. Instructions: All submissions must be formatted and filed in accordance with submission guidelines at: https:// www.ferc.gov/help/submissionguide.asp. For user assistance contact FERC Online Support by email at ferconlinesupport@ferc.gov, or by phone at: (866) 208–3676 (toll-free), or (202) 502–8659 for TTY. Docket: Users interested in receiving automatic notification of activity in this docket or in viewing/downloading comments and issuances in this docket may do so at https://www.ferc.gov/docsfiling/docs-filing.asp. [FR Doc. 2018–10756 Filed 5–18–18; 8:45 am] BILLING CODE 6717–01–P DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. IC18–13–000] Commission Information Collection Activities (FERC–537); Comment Request; Extension FOR FURTHER INFORMATION CONTACT: Federal Energy Regulatory Commission. ACTION: Notice of information collection and request for comments. AGENCY: In compliance with the requirements of the Paperwork Reduction Act of 1995, the Federal Energy Regulatory Commission (Commission or FERC) is soliciting public comment on the currently approved information collection, FERC– 537 (Gas Pipeline Certificates: Construction, Acquisition, and Abandonment). DATES: Comments on the collection of information are due July 20, 2018. ADDRESSES: You may submit comments (identified by Docket No. IC18–13–000) by either of the following methods: • eFiling at Commission’s website: https://www.ferc.gov/docs-filing/ efiling.asp. • Mail/Hand Delivery/Courier: Federal Energy Regulatory Commission, Secretary of the Commission, 888 First Street NE, Washington, DC 20426. SUMMARY: Ellen Brown may be reached by email at DataClearance@FERC.gov, telephone at (202) 502–8663, and fax at (202) 273– 0873. SUPPLEMENTARY INFORMATION: Title: FERC–537 (Gas Pipeline Certificates: Construction, Acquisition, and Abandonment. OMB Control No.: 1902–0060. Type of Request: Three-year extension of the FERC–537 information collection requirements with no changes to the current reporting requirements. Abstract: The FERC–537 information collection requires natural gas companies to file the necessary information with FERC in order for the Commission to determine if the requested certificate should be authorized. Certain self-implementing construction and abandonment programs do not require the filing of applications. However, those types of programs do require the filing of annual reports, so many less significant actions can be reported in a single filing/ 23451 response and less detail would be required. The data required to be submitted in a normal certificate filing consists of identification of the company and responsible officials, factors considered in the location of the facilities and the impact on the area for environmental considerations. Also to be submitted are the following, as applicable to the specific request: • Flow diagrams showing the design capacity for engineering design verification and safety determination; • Cost of proposed facilities, plans for financing, and estimated revenues and expenses related to the proposed facility for accounting and financial evaluation. • Existing and proposed storage capacity and pressures and reservoir engineering studies for requests to increase storage capacity; • An affidavit showing the consent of existing customers for abandonment of service requests. Additionally, requests for an increase of pipeline capacity must include a statement that demonstrates compliance with the Commission’s Certificate Policy Statement by making a showing that the cost of the expansion will not be subsidized by existing customers and that there will not be adverse economic impacts to existing customers, competing pipelines or their customers, nor to landowners and to surrounding communities. Type of Respondents: Natural gas companies. Estimate of Annual Burden: 1 The Commission estimates the annual public reporting burden for the information collection as: FERC–537 [Gas pipeline certificates: Construction, acquisition, and abandonment] Annual number of responses per respondent Total number of responses Average burden and cost per response 2 Total annual burden hours and total annual cost Cost per respondent (1) sradovich on DSK3GMQ082PROD with NOTICES Number of respondents (2) (1) * (2) = (3) (4) (3) * (4) = (5) (5) ÷ (1) 3 18 CFR 157.5–.11 (Interstate Certificate and Abandonment Applications). 18 CFR 157.53 (Pipeline Purging/ Testing Exemptions). 18 CFR 157.201–.209; 157.211; 157.214–.218 (Blanket Certificates Prior to Notice Filings). 18 CFR 157.201–.209; 157.211; 157.214–.218 (Blanket Certificates—Annual Reports). 52 VerDate Sep<11>2014 18:20 May 18, 2018 Jkt 244001 62 1 1 21 129 1 ‘‘Burden’’ is defined as the total time, effort, or financial resources expended by persons to generate, maintain, retain, or disclose or provide 1.19 500 hrs.; $39,500. 31,000; $2,449,000. 1 50 hrs.; $3,950 .. 50 hrs.; $3,950 .. 1.86 39 200 hrs; $15,800 7,800 hrs.; $616,200. 29,343 4 1.05 135 50 hrs.; $3,950 .. 6,750 hrs.; $533,250. 4,134 information to or for a Federal agency. For further explanation of what is included in the information PO 00000 Frm 00038 Fmt 4703 Sfmt 4703 $47,096 3,950 collection burden, reference 5 Code of Federal Regulations 1320.3. E:\FR\FM\21MYN1.SGM 21MYN1

Agencies

[Federal Register Volume 83, Number 98 (Monday, May 21, 2018)]
[Notices]
[Pages 23450-23451]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-10756]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. RM93-11-000]


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

    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 two 
three percent (PPI-FG + 1.23). The Commission determined in an Order 
Establishing Index Level,\1\ issued December 17, 2015, that PPI-FG + 
1.23 is the appropriate oil pricing index factor for pipelines to use 
for the five-year period commencing July 1, 2016.
---------------------------------------------------------------------------

    \1\ 153 FERC 61,312 at P 52 (2015).
---------------------------------------------------------------------------

    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 191.9 for 
2016 and 198.0 for 2017.\2\ Thus, the percent change (expressed as a 
decimal) in the annual average PPI-FG from 2016 to 2017, plus 1.23 
percent, is positive 0.044087.\3\ Oil pipelines must multiply their 
July 1, 2017, through June 30, 2018, index ceiling levels by positive 
1.044087 \4\ to compute their index ceiling levels for July 1, 2018, 
through June 30, 2019, 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 PPI Commodity Data, select the 
box, Finished goods--WPUFD49207, then scroll to the bottom of this 
screen and click on Retrieve data.
    \3\ [198.0-191.9]/191.9 = 0.031787 + 0.0123 = + 0.044087.
    \4\ 1 + 0.044087 = 1.044087.
    \5\ For a listing of all prior multipliers issued by the 
Commission, see the Commission's website, https://www.ferc.gov/industries/oil/gen-info/pipeline-index.asp.
---------------------------------------------------------------------------

    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 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 [email protected]), or the Public 
Reference Room at 202-502-8371, TTY 202-502-8659. Email the Public 
Reference Room at [email protected].


[[Page 23451]]


    Dated: May 11, 2018.
Kimberly D. Bose,
Secretary.
[FR Doc. 2018-10756 Filed 5-18-18; 8:45 am]
 BILLING CODE 6717-01-P


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