In accordance
with 5 CFR 1320, OMB is not withholding approval at this time.
Prior to publication of the final rule, the agency should submit to
OMB a summary of all comments related to the information collection
contained in the proposed rule and the agency response. The agency
should clearly indicate any changes made to the information
collection as a result of these comments.
In order to implement its
authority under section 23 of the Natural Gas Act, which was added
by section 316 of the Energy Policy Act of 2005 (EPAct 2005), FERC
proposes to revise its regulations to: require that intrastate
pipelines post daily the capacities of, and volumes flowing
through, their major receipt and delivery points and mainline
segments in order to make available the information needed to track
daily flows of natural gas throughout the United States; and
require that buyers and sellers of more than a de minimis volume of
natural gas report annual numbers and volumes of relevant
transactions to FERC in order to make possible an estimate of the
size of the physical U.S. natural gas market, assess the importance
of the use of index pricing in that market, and determine the size
of the fixed-price trading market that produces the information.
These revisions would facilitate price transparency in markets for
the sale or transportation of physical natural gas in interstate
commerce.
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.