FERC Form 6, [RM11-21, NOPR] Annual Report of Oil Pipeline Companies

ICR 201108-1902-001

OMB: 1902-0022

Federal Form Document

Forms and Documents
ICR Details
1902-0022 201108-1902-001
Historical Inactive 201004-1902-009
FERC FERC Form 6
FERC Form 6, [RM11-21, NOPR] Annual Report of Oil Pipeline Companies
Revision of a currently approved collection   No
Regular
Comment filed on proposed rule and continue 10/04/2011
Retrieve Notice of Action (NOA) 08/10/2011
Terms of the previous clearance remain in effect. The requested revision is not approved at this time, so that the agency may consider and respond to public comments on the associated proposed rule.
  Inventory as of this Action Requested Previously Approved
06/30/2013 36 Months From Approved 06/30/2013
166 0 166
26,657 0 26,657
1,767,092 0 1,767,092

In this Notice of Proposed Rulemaking (NOPR) in RM11-21, FERC proposes to amend the instructions on page 700 of FERC Form No. 6 (Form 6) to ensure that pipelines report interstate-only barrel and barrel-mile data and not a combination of interstate and intrastate throughput. The Commission also proposes to direct pipelines that reported combined interstate and intrastate data on lines (1) through (12) of page 700 of their 2010 Form 6 to file a revised page 700 containing only interstate data for the years 2009 and 2010. These revisions affect all Form 6 filers. In general, under the Interstate Commerce Act (ICA), (49 U.S.C. §§ 1, 20, 54 Stat. 916), the Commission is authorized and empowered to make investigations and to collect and record data to the extent the Commission may consider to be necessary or useful for the purpose of carrying out the provisions of the Interstate Commerce Act (ICA). The information collected under the requirements of the FERC Form No. 6 is used by the Commission to carry out its responsibilities in implementing the statutory provisions of the ICA including the authority to prescribe rules and regulations concerning accounts, records and memoranda as necessary or appropriate. The Commission may prescribe a system of accounts for jurisdictional companies and, after notice and opportunity for hearing may determine the accounts in which particular outlays and receipts will be entered, charged or credited. Financial accounting and reporting provides needed information concerning a company's past performance and its future prospects. Without reliable financial statements prepared in accordance with the Commission's Uniform System of Accounts and related regulations, the Commission would be unable to accurately determine the costs that relate to a particular time period, service or line of business. Additionally, it would be difficult to determine whether a given entity has previously been given the opportunity to recover its costs through rates, or to compare how the financial performance and results of the operations of one regulated entity relates to another. The FERC Form No. 6 assists the Commission in overseeing and policing the regulated oil pipeline markets to assist in enforcing the ICA.

Statute at Large: 54 Stat. 916 Name of Statute: Interstate Commerce Act (amendments)
  
None

1902-AE37 Proposed rulemaking 76 FR 46668 08/03/2011

No

2
IC Title Form No. Form Name
FERC Form 6, Annual Report of Oil Pipeline Companies FERC Form 6 FERC Form 6, Annual Report of Oil Pipeline Companies
RM11-21 (one-time change), pg 700 revised filing/refiling FERC Form 6, Page 700, prop. in RM11-21 FERC Form 6

Yes
Miscellaneous Actions
No
The Commission estimates there will be a one-time increased burden involved in the initial implementation associated with: (a) using only interstate figures for lines 1-12 of page 700, and (b) re-filing of revised data for lines (1) through (12) of page 700 for 2009 and 2010. For the recurring effort involved in filing interstate data on lines (1) through (12) of page 700 for 2011 and future years, we estimate that the change in burden is negligible (after the initial implementation). The additional one-time burden of 166 hours is being spread over the three years for the purposes of submittal to the Office of Management and Budget (OMB), giving an average additional annual burden of 55.33 hours. In the last submission to OMB under this control number the Commission included the annual cost figure in the ROCIS metadata. However, the Commission currently only includes in ROCIS the costs not associated with burden hours and wages for employees and has therefore removed the cost figure previously reported in ROCIS as it corresponded to wages paid to employees in completing this collection (burden hour costs are still reported in question 13).

$72,761
No
No
No
No
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.
08/10/2011


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