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, 22482 [2019-10297]

Download as PDF 22482 Federal Register / Vol. 84, No. 96 / Friday, May 17, 2019 / Notices for this project will document findings on the impacts on historic properties and summarize the status of consultations under section 106. Dated: May 13, 2019. Kimberly D. Bose, Secretary. Environmental Mailing List BILLING CODE 6717–01–P The environmental mailing list includes federal, state, and local government representatives and agencies; elected officials; environmental and public interest groups; Native American Tribes; other interested parties; and local libraries and newspapers. This list also includes all affected landowners (as defined in the Commission’s regulations) who are potential right-of-way grantors, whose property may be used temporarily for project purposes or is within certain distances of proposed aboveground facilities, and anyone who submits comments on the project. Commission staff will update the environmental mailing list as the analysis proceeds to ensure that Commission notices related to this environmental review are sent to all individuals, organizations, and government entities interested in and/or potentially affected by the project. If the Commission issues the EA for an allotted public comment period, a Notice of Availability of the EA will be sent to the environmental mailing list and will provide instructions to access the electronic document on the FERC’s website (www.ferc.gov). If you need to make changes to your name/address, or if you would like to remove your name from the mailing list, please return the attached ‘‘Mailing List Update Form’’ (appendix 2). jbell on DSK3GLQ082PROD with NOTICES Additional Information Additional information about the project is available from the Commission’s Office of External Affairs, at (866) 208–FERC, or on the FERC website at www.ferc.gov using the eLibrary link. Click on the eLibrary link, click on ‘‘General Search’’ and enter the docket number in the ‘‘Docket Number’’ field, excluding the last three digits (i.e., CP19–118). Be sure you have selected an appropriate date range. For assistance, please contact FERC Online Support at FercOnlineSupport@ferc.gov or (866) 208–3676, or for TTY, contact (202) 502–8659. The eLibrary link also provides access to the texts of all formal documents issued by the Commission, such as orders, notices, and rulemakings. Public sessions or site visits will be posted on the Commission’s calendar located at www.Ferc.gov/EventCalendar/ EventsList.aspx along with other related information. VerDate Sep<11>2014 17:05 May 16, 2019 Jkt 247001 [FR Doc. 2019–10299 Filed 5–16–19; 8:45 am] 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 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 average PPI–FG index figures were 198.0 for 2017 and 204.1 for 2018.2 Thus, the percent change (expressed as a decimal) in the annual average PPI–FG from 2017 to 2018, plus 1.23 percent, is positive 0.043108.3 Oil pipelines must multiply their July 1, 2018, through June 30, 2019, index ceiling levels by positive 1.043108 4 to compute their index ceiling levels for July 1, 2019, through June 30, 2020, in accordance 1 153 FERC 61,312, at P 52 (2015). 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 [204.1¥198.0]/198.0 = 0.030808 + 0.0123 = +0.043108. 4 1 + 0.043108 = 1.043108. 2 Bureau PO 00000 Frm 00053 Fmt 4703 Sfmt 4703 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. Dated: May 10, 2019. Kimberly D. Bose, Secretary. [FR Doc. 2019–10297 Filed 5–16–19; 8:45 am] BILLING CODE 6717–01–P DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. CP19–125–000] Gulf South Pipeline Company, LP; Notice of Intent To Prepare an Environmental Assessment for the Proposed Index 99 Expansion Project and Request for Comments on Environmental Issues The staff of the Federal Energy Regulatory Commission (FERC or Commission) will prepare an environmental assessment (EA) that will discuss the environmental impacts of the Index 99 Expansion Project involving construction and operation of facilities by Gulf South Pipeline Company (Gulf South) in San Augustine and Sabine Counties, Texas and 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\17MYN1.SGM 17MYN1

Agencies

[Federal Register Volume 84, Number 96 (Friday, May 17, 2019)]
[Notices]
[Page 22482]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-10297]


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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.
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    \1\ 153 FERC 61,312, at P 52 (2015).
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    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 198.0 for 
2017 and 204.1 for 2018.\2\ Thus, the percent change (expressed as a 
decimal) in the annual average PPI-FG from 2017 to 2018, plus 1.23 
percent, is positive 0.043108.\3\ Oil pipelines must multiply their 
July 1, 2018, through June 30, 2019, index ceiling levels by positive 
1.043108 \4\ to compute their index ceiling levels for July 1, 2019, 
through June 30, 2020, 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\ [204.1-198.0]/198.0 = 0.030808 + 0.0123 = +0.043108.
    \4\ 1 + 0.043108 = 1.043108.
    \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.
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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 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].

    Dated: May 10, 2019.
Kimberly D. Bose,
Secretary.
[FR Doc. 2019-10297 Filed 5-16-19; 8:45 am]
BILLING CODE 6717-01-P
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