The FERC Form No. 2 is a financial and
operating report for natural gas rate regulation for major pipeline
owners. Major is defined as companies having combined gas sold
for resale and gas transported or stored for a fee that exceeds 50
million Dth in each of the three previous calendar years. Under the
FERC Form No. 2, the Commission investigates, collects and records
data and prescribes rules and regulations concerning accounts,
records and memoranda as necessary to administer the Natural Gas
Act (NGA). The Commission is empowered to prescribe a system of
accounts for jurisdictional gas pipelines and after notice and
opportunity for hearing, may determine the accounts in which
particular outlays the receipts will be entered, charged or
credited.
Since the last request for
renewal and certification of FERC Form No. 2 in 2001, the number of
respondents has increased from 57 to 71. This increase is a result
of new companies being added to the list of respondents having to
file FERC Form No. 2. The additional companies are either the
result of totally new companies to the industry or restructuring of
energy industry that has created additional companies.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.