Commission Information Collection Activities (FERC-552); Comment Request; Extension, 31741 [2018-14563]
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Federal Register / Vol. 83, No. 131 / Monday, July 9, 2018 / Notices
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
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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 July 19, 2018.
Dated: June 29, 2018.
Kimberly D. Bose,
Secretary.
[FR Doc. 2018–14561 Filed 7–6–18; 8:45 am]
BILLING CODE 6717–01–P
DEPARTMENT OF ENERGY
Federal Energy Regulatory
Commission
[Docket No. IC18–14–000]
Commission Information Collection
Activities (FERC–552); Comment
Request; Extension
Federal Energy Regulatory
Commission, Department of Energy.
ACTION: Notice of information collection
and request for comments.
AGENCY:
In compliance with the
requirements of the Paperwork
SUMMARY:
Reduction Act of 1995, the Federal
Energy Regulatory Commission
(Commission or FERC) is soliciting
public comment on the currently
approved information collection, FERC552, Annual Report of Natural Gas
Transactions.
Comments on the collection of
information are due September 7, 2018.
ADDRESSES: You may submit comments
(identified by Docket No. IC18–14–000)
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.
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.
FOR FURTHER INFORMATION CONTACT:
Ellen Brown may be reached by email
at DataClearance@FERC.gov, telephone
at (202) 502–8663, and fax at (202) 273–
0873.
DATES:
31741
SUPPLEMENTARY INFORMATION:
Title: FERC–552, Annual Report of
Natural Gas Transactions.
OMB Control No.: 1902–0242.
Type of Request: Three-year extension
of the FERC–552 information collection
requirements with no changes to the
current reporting requirements.
Abstract: The Commission uses the
information collected in the FERC–552 1
to provide greater transparency into the
size of the physical natural gas market
and the types of transactions market
participants use to make physical
natural gas purchases and sales. The
collection includes transactions that
contribute to, or may contribute to
natural gas price indices. Many market
participants rely on indices as a way to
reference market prices without taking
on the risks of active trading.
FERC–552 had its genesis in the
Energy Policy Act of 2005,2 which
added section 23 of the Natural Gas Act
(NGA). Section 23 of the NGA, among
other things, directs the Commission ‘‘to
facilitate price transparency in markets
for the sale or transportation of physical
natural gas in interstate commerce,
having due regard for the public
interest, the integrity of those markets,
and the protection of consumers.’’ 3
Type of Respondents: Wholesale
natural gas market participants.
Estimate of Annual Burden: 4 The
Commission estimates the total annual
burden and cost 5 for this information
collection as follows.
FERC–552—ANNUAL REPORT OF NATURAL GAS TRANSACTIONS
Number of
respondents
Annual
number of
responses per
respondent
Total
number of
responses
(1)
Category
(2)
(1) * (2) = (3)
Wholesale natural gas market participants.
675
1
675
Average burden
hours and cost per
response
($)
Total annual
burden hours
and cost
($)
Annual
cost per
respondent
($)
(4)
(3) * (4) = (5)
(5) ÷ (1)
20 hrs.; 6 $1,683.60 ...........
13,500 hrs.; $1,136,430 .....
sradovich on DSK3GMQ082PROD with 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
1 FERC–552 is prescribed in 18 CFR (Code of
Federal Regulations) 260.401.
2 Public Law 109–58.
3 15 U.S.C. 717t–2.
4 ‘‘Burden’’ is the total time, effort, or financial
resources expended by persons to generate,
maintain, retain, or disclose or provide information
to or for a Federal agency. For further explanation
of what is included in the information collection
burden, refer to Title 5 CFR 1320.3.
5 Costs (for wages and benefits) are based on wage
figures from the Bureau of Labor Statistics (BLS) for
May 2017 (at https://www.bls.gov/oes/current/
naics2_22.htm) and benefits information (for
December 2017, issued March 20, 2018, at https://
www.bls.gov/news.release/ecec.nr0.htm). The staff
estimates that 75% of the work is done by a
financial analyst (code 13–2051) at an hourly cost
of $64.35 (for wages plus benefits), and 25% of the
work is done by legal staff members (code 23–0000)
VerDate Sep<11>2014
18:00 Jul 06, 2018
Jkt 244001
$1,683
of automated collection techniques or
other forms of information technology.
Dated: June 29, 2018.
Kimberly D. Bose,
Secretary.
[FR Doc. 2018–14563 Filed 7–6–18; 8:45 am]
BILLING CODE 6717–01–P
PO 00000
Frm 00027
Fmt 4703
Sfmt 9990
at an hourly cost of $143.68 (for wages plus
benefits). Therefore the average cost (for wages plus
benefits) is rounded to $84.18/hour [or ($64.35/hour
* 0.75) + ($143.68/hour * 0.25)].
6 The staff thinks that the average estimated
burden per filing should be 20 hours (rather than
the current estimate of 10 hours). There are no
changes to the reporting requirements.
E:\FR\FM\09JYN1.SGM
09JYN1
]]>Agencies
[Federal Register Volume 83, Number 131 (Monday, July 9, 2018)]
[Notices]
[Page 31741]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-14563]
-----------------------------------------------------------------------
DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. IC18-14-000]
Commission Information Collection Activities (FERC-552); Comment
Request; Extension
AGENCY: Federal Energy Regulatory Commission, Department of Energy.
ACTION: Notice of information collection and request for comments.
-----------------------------------------------------------------------
SUMMARY: 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- 552, Annual Report of Natural Gas
Transactions.
DATES: Comments on the collection of information are due September 7,
2018.
ADDRESSES: You may submit comments (identified by Docket No. IC18-14-
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.
Instructions: All submissions must be formatted and filed in
accordance with submission guidelines at: https://www.ferc.gov/help/submission-guide.asp. For user assistance, contact FERC Online Support
by email at [email protected], 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/docs-filing/docs-filing.asp.
FOR FURTHER INFORMATION CONTACT: Ellen Brown may be reached by email at
[email protected], telephone at (202) 502-8663, and fax at (202)
273-0873.
SUPPLEMENTARY INFORMATION:
Title: FERC-552, Annual Report of Natural Gas Transactions.
OMB Control No.: 1902-0242.
Type of Request: Three-year extension of the FERC-552 information
collection requirements with no changes to the current reporting
requirements.
Abstract: The Commission uses the information collected in the
FERC-552 \1\ to provide greater transparency into the size of the
physical natural gas market and the types of transactions market
participants use to make physical natural gas purchases and sales. The
collection includes transactions that contribute to, or may contribute
to natural gas price indices. Many market participants rely on indices
as a way to reference market prices without taking on the risks of
active trading.
---------------------------------------------------------------------------
\1\ FERC-552 is prescribed in 18 CFR (Code of Federal
Regulations) 260.401.
---------------------------------------------------------------------------
FERC-552 had its genesis in the Energy Policy Act of 2005,\2\ which
added section 23 of the Natural Gas Act (NGA). Section 23 of the NGA,
among other things, directs the Commission ``to facilitate price
transparency in markets for the sale or transportation of physical
natural gas in interstate commerce, having due regard for the public
interest, the integrity of those markets, and the protection of
consumers.'' \3\
---------------------------------------------------------------------------
\2\ Public Law 109-58.
\3\ 15 U.S.C. 717t-2.
---------------------------------------------------------------------------
Type of Respondents: Wholesale natural gas market participants.
Estimate of Annual Burden: \4\ The Commission estimates the total
annual burden and cost \5\ for this information collection as follows.
---------------------------------------------------------------------------
\4\ ``Burden'' is the total time, effort, or financial resources
expended by persons to generate, maintain, retain, or disclose or
provide information to or for a Federal agency. For further
explanation of what is included in the information collection
burden, refer to Title 5 CFR 1320.3.
\5\ Costs (for wages and benefits) are based on wage figures
from the Bureau of Labor Statistics (BLS) for May 2017 (at https://www.bls.gov/oes/current/naics2_22.htm) and benefits information (for
December 2017, issued March 20, 2018, at https://www.bls.gov/news.release/ecec.nr0.htm). The staff estimates that 75% of the work
is done by a financial analyst (code 13-2051) at an hourly cost of
$64.35 (for wages plus benefits), and 25% of the work is done by
legal staff members (code 23-0000) at an hourly cost of $143.68 (for
wages plus benefits). Therefore the average cost (for wages plus
benefits) is rounded to $84.18/hour [or ($64.35/hour * 0.75) +
($143.68/hour * 0.25)].
FERC-552--Annual Report of Natural Gas Transactions
--------------------------------------------------------------------------------------------------------------------------------------------------------
Annual cost
Number of Annual number Total number Average burden hours and Total annual burden hours per
Category respondents of responses of responses cost per response ($) and cost ($) respondent
per respondent ($)
(1) (2) (1) * (2) = (4)....................... (3) * (4) = (5).......... (5) / (1)
(3)
--------------------------------------------------------------------------------------------------------------------------------------------------------
Wholesale natural gas market 675 1 675 20 hrs.; \6\ $1,683.60.... 13,500 hrs.; $1,136,430.. $1,683
participants.
--------------------------------------------------------------------------------------------------------------------------------------------------------
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.
---------------------------------------------------------------------------
\6\ The staff thinks that the average estimated burden per
filing should be 20 hours (rather than the current estimate of 10
hours). There are no changes to the reporting requirements.
Dated: June 29, 2018.
Kimberly D. Bose,
Secretary.
[FR Doc. 2018-14563 Filed 7-6-18; 8:45 am]
BILLING CODE 6717-01-P
