Commission Information Collection Activities (FERC Form No. 552); Comment Request; Extension, 47914 [2018-20620]
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47914
Federal Register / Vol. 83, No. 184 / Friday, September 21, 2018 / Notices
Comments filed with OMB,
identified by OMB Control No. 1902–
0242, should be sent via email to the
Office of Information and Regulatory
Affairs: oira_submission@omb.gov.
Attention: Federal Energy Regulatory
Commission Desk Officer.
A copy of the comments should also
be sent to the Commission, in 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.
ADDRESSES:
DEPARTMENT OF ENERGY
Federal Energy Regulatory
Commission
[Docket No. IC18–14–000]
Commission Information Collection
Activities (FERC Form No. 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
Reduction Act of 1995, the Federal
Energy Regulatory Commission
(Commission or FERC) is soliciting
public comment on the currently
approved information collection FERC
Form No. 552 (Annual Report of Natural
Gas Transactions) and submitting the
information collection to the Office of
Management and Budget (OMB) for
review. Any interested person may file
comments directly with OMB and
should address a copy of those
comments to the Commission as
explained below. On July 9, 2018, the
Commission published a Notice in the
Federal Register in Docket No. IC18–
14–000 requesting public comments.
The Commission received no comments.
DATES: Comments on the collection of
information are due October 22, 2018.
SUMMARY:
SUPPLEMENTARY INFORMATION:
Title: FERC Form No. 552, Annual
Report of Natural Gas Transactions.
OMB Control No.: 1902–0242.
Type of Request: Three-year extension
of the FERC Form No. 552 information
collection requirements with no changes
to the current reporting requirements.
Abstract: The Commission uses the
information collected in the FERC Form
No. 552 1 to provide greater
transparency into the size of the
physical natural gas market and the use
of physical fixed-price and index-based
natural gas transactions. This
information assists the Commission and
the public in assessing whether index
prices are the result of a robust market
of fixed-price transactions.
FERC Form No. 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 average
annual burden and cost 5 for this
information collection as follows.
FERC FORM NO. 552, ANNUAL REPORT OF NATURAL GAS TRANSACTIONS
Category
Number of
respondents
Annual
number of
responses per
respondent
Total
number
of responses
Average
burden hours
and cost ($)
per response
Total annual burden
hours and cost
($)
Annual cost
per
respondent
($) (rounded)
(1)
(2)
(1) * (2) = (3)
(4)
(3) * (4) = (5)
(5) ÷ (1)
daltland on DSKBBV9HB2PROD with NOTICES
Wholesale natural
gas market participants .....................
675
1
675
20 hrs.; 6 $1,683.60
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 Form No. 552 is prescribed in 18 CFR
260.401.
2 Energy Policy Act of 2005, Public Law 109–58,
sections 1261 et seq., 119 Stat. 594 (2005).
3 15 U.S.C. 717t–2(a)(1)(2006).
4 Burden is defined as 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. Refer to 5
CFR 1320.3 for additional information.
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
VerDate Sep<11>2014
18:43 Sep 20, 2018
Jkt 244001
13,500 hrs.; $1,136,430
$1,684
of automated collection techniques or
other forms of information technology.
Dated: September 13, 2018.
Kimberly D. Bose,
Secretary.
[FR Doc. 2018–20620 Filed 9–20–18; 8:45 am]
BILLING CODE 6717–01–P
PO 00000
Frm 00041
Fmt 4703
Sfmt 4703
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 weighted cost (for wages
plus benefits) is rounded to $84.18/hour [or
($64.35/hour × 0.75) + ($143.68/hour × 0.25)].
6 Commission staff estimates the average annual
burden per respondent to be 20 hours (rather than
the prior estimate of ten hours). There are no
changes to the reporting requirements.
E:\FR\FM\21SEN1.SGM
21SEN1
]]>Agencies
[Federal Register Volume 83, Number 184 (Friday, September 21, 2018)]
[Notices]
[Page 47914]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-20620]
[[Page 47914]]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. IC18-14-000]
Commission Information Collection Activities (FERC Form No. 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 Form No. 552 (Annual Report of Natural Gas
Transactions) and submitting the information collection to the Office
of Management and Budget (OMB) for review. Any interested person may
file comments directly with OMB and should address a copy of those
comments to the Commission as explained below. On July 9, 2018, the
Commission published a Notice in the Federal Register in Docket No.
IC18-14-000 requesting public comments. The Commission received no
comments.
DATES: Comments on the collection of information are due October 22,
2018.
ADDRESSES: Comments filed with OMB, identified by OMB Control No. 1902-
0242, should be sent via email to the Office of Information and
Regulatory Affairs: [email protected]. Attention: Federal Energy
Regulatory Commission Desk Officer.
A copy of the comments should also be sent to the Commission, in
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 Form No. 552, Annual Report of Natural Gas
Transactions.
OMB Control No.: 1902-0242.
Type of Request: Three-year extension of the FERC Form No. 552
information collection requirements with no changes to the current
reporting requirements.
Abstract: The Commission uses the information collected in the FERC
Form No. 552 \1\ to provide greater transparency into the size of the
physical natural gas market and the use of physical fixed-price and
index-based natural gas transactions. This information assists the
Commission and the public in assessing whether index prices are the
result of a robust market of fixed-price transactions.
---------------------------------------------------------------------------
\1\ FERC Form No. 552 is prescribed in 18 CFR 260.401.
---------------------------------------------------------------------------
FERC Form No. 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\ Energy Policy Act of 2005, Public Law 109-58, sections 1261
et seq., 119 Stat. 594 (2005).
\3\ 15 U.S.C. 717t-2(a)(1)(2006).
---------------------------------------------------------------------------
Type of Respondents: Wholesale natural gas market participants.
Estimate of Annual Burden: \4\ The Commission estimates the average
annual burden and cost \5\ for this information collection as follows.
---------------------------------------------------------------------------
\4\ Burden is defined as 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. Refer to
5 CFR 1320.3 for additional information.
\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 weighted cost (for wages plus
benefits) is rounded to $84.18/hour [or ($64.35/hour x 0.75) +
($143.68/hour x 0.25)].
\6\ Commission staff estimates the average annual burden per
respondent to be 20 hours (rather than the prior estimate of ten
hours). There are no changes to the reporting requirements.
FERC Form No. 552, Annual Report of Natural Gas Transactions
--------------------------------------------------------------------------------------------------------------------------------------------------------
Annual number Average burden hours Annual cost
Category Number of of responses Total number and cost ($) per Total annual burden per respondent
respondents per respondent of responses response hours and cost ($) ($) (rounded)
(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 $1,684
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.
Dated: September 13, 2018.
Kimberly D. Bose,
Secretary.
[FR Doc. 2018-20620 Filed 9-20-18; 8:45 am]
BILLING CODE 6717-01-P
