In accordance
with 5 CFR 1320, the information collection is approved for 3
years.
Inventory as of this Action
Requested
Previously Approved
03/31/2013
36 Months From Approved
03/31/2010
85
0
85
9,913
0
9,913
611,446
0
0
FERC-592 is a FERC data collection
that includes requirements at: a)18 CFR 250.16, the FERC-592
log/format at http://www.ferc.gov/docs-filing/forms.asp#592, and
b)18 CFR Part 358 (Standards of Conduct). FERC has the regulatory
responsibility under section 4 of the Natural Gas Act to ensure
that pipeline rates and terms and conditions of service are just
and reasonable and not unduly discriminatory. Just and reasonable
rates and services are needed to achieve two principal objectives.
They should promote competitive and efficient markets, while
mitigating market power and preventing undue discrimination,
especially for FERC's "prime constituency, captive customers
vulnerable to pipelines' market power." In short, FERC's regulatory
policy must seek to reconcile the objectives of fostering an
efficient market that provides good alternatives to as many
shippers as possible while at the same time creating a regulatory
framework that is fair and protects captive customers without good
alternatives. In 1987 when the gas pipeline standards of conduct
were issued in Order No. 497, the natural gas industry had
witnessed a rapid growth of marketing affiliates and FERC was
concerned that pipelines were giving their marketing affiliates
preferential treatment. As a result, FERC issued certain rules
intended to prevent interstate natural gas pipelines from providing
preferential treatment to their marketing or brokering affiliates.
The Standards of Conduct provided, in general, that pipelines and
their marketing affiliates must function independently of each
other. FERC reserved the right to impose structural remedies, such
as divorcement or divestiture, in specific cases where the
circumstances demonstrate they are required. Transmission Providers
continue to have economic incentives to show undue preference
toward their marketing affiliates. On 9/23/2009, the FERC issued a
60-day notice; (74FR50176, 9/30/2009) requesting public comment. On
11/3/2009, FERC also issued a Request For Comment On And Emergency
Short-Term Clearance Extension Of OMB Approval For FERC-592;
(74FR58010, 11/10/2009). No comments were received by FERC on
either Notice. Please note there is no change in burden. However
the related industry cost estimate is being included in ROCIS.
Previously, it was shown as $0 in ROCIS but was included in the
supporting statement.
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.