In accordance
with 5 CFR 1320, OMB is withholding approval at this time. Prior to
publication of the final rule, the agency must 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.
Inventory as of this Action
Requested
Previously Approved
06/30/2010
36 Months From Approved
06/30/2010
71
0
71
111,470
0
111,470
0
0
0
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.
The information maintained and
collected under the requirements of Part 141 is essential to the
Commissions oversight duties. The data now reported in the forms
does not provide sufficient information to the Commission and the
public to permit an evaluation of the filers jurisdictional rates.
Since the triennial restatement of rates requirement was abolished
and pipelines are no longer required to submit this information,
the need for current and relevant data is greater than in the past.
The information collection proposed in the NOPR will increase the
forms usefulness to both the public and the Commission. Without
this information, it is difficult for the Commission and the public
to perform an assessment of pipeline costs, and thereby help to
ensure that rates are just and reasonable. The Commission has
determined that dependable, affordable, competitive wholesale
energy markets require an adequate infrastructure, balanced market
rules, and vigilant oversight. This proposed rule helps in
achieving the goal of vigilant oversight by providing the
Commission with more timely, relevant, reliable and understandable
information from jurisdictional participants in the energy markets.
Since the last submission there has been reevaluation and the
number of companies who must file the Form 2 it has been determined
that there is an adjustment of an additional three 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.
Form FERC Form No. 2 Annual Report of Major Natural Gas Companies
NOI.doc
Annual Report of Major Natural Gas Companies