FERC-2, Annual Report of Major Natural Gas Companies (RM07-9-0003 NOPR)

ICR 201006-1902-002

OMB: 1902-0028

Federal Form Document

IC Document Collections
ICR Details
1902-0028 201006-1902-002
Historical Inactive 200804-1902-005
FERC FERC Form 2
FERC-2, Annual Report of Major Natural Gas Companies (RM07-9-0003 NOPR)
Revision of a currently approved collection   No
Regular
Comment filed on proposed rule and continue 08/17/2010
Retrieve Notice of Action (NOA) 06/23/2010
Comment filed on proposed rule; agency to address comments at final rule stage.
  Inventory as of this Action Requested Previously Approved
06/30/2011 36 Months From Approved 06/30/2011
74 0 74
120,102 0 120,102
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.

US Code: 15 USC 717(g)-717(i) Name of Law: Natural Gas Act
  
None

1902-AD26 Proposed rulemaking 75 FR 35700 06/23/2010

No

1
IC Title Form No. Form Name
FERC-2, Annual Report of Major Natural Gas Companies FERC Forn No. 2 Annual Report of Major Natural Gas Companies

Yes
Changing Regulations
No
The American Gas Association (AGA) filed a petition for review in the United States Court of Appeals for the District of Columbia Circuit arguing that the Commission erred by not addressing the concerns raised by Chairman Wellinghoff (then Commissioner) in his partial dissent to Order No 710-A. The court agreed and remanded the matter back to the Commission for further proceedings. Following the court’s remand, AGA filed a motion requesting that the Commission issue a Notice proposing revisions to FERC Form Nos. 2, 2-A and 3-Q, to add additional details as initially proposed by AGA in the rulemaking proceeding and that were the subject of Chairman Wellinghoff’s partial dissent. Comments in support of AGA’s motion were filed by Kansas Corporation Commission and by Independent Oil & Gas Association of West Virginia, Inc. The information maintained and collected under the requirements of Part 260 is essential to the Commission’s 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 Notice of Proposed Rulemaking would 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.

$174,518
No
No
No
Uncollected
No
Uncollected
Brian Holmes 202 219-2618

  No

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.
06/23/2010


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