FERC Form 6 (RM11-21, Final Rule), Annual Report of Oil Pipeline Companies

ICR 201209-1902-004

OMB: 1902-0022

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2012-10-01
Supplementary Document
2012-09-27
Supporting Statement A
2012-10-01
Supplementary Document
2012-09-13
Supplementary Document
2012-09-13
ICR Details
1902-0022 201209-1902-004
Historical Active 201004-1902-009
FERC FERC Form 6
FERC Form 6 (RM11-21, Final Rule), Annual Report of Oil Pipeline Companies
Revision of a currently approved collection   No
Regular
Approved without change 02/08/2013
Retrieve Notice of Action (NOA) 10/01/2012
In accordance with 5 CFR 1320, the information collection is approved for three years.
  Inventory as of this Action Requested Previously Approved
02/29/2016 36 Months From Approved 06/30/2013
332 0 166
26,989 0 26,657
0 0 1,767,092

Under the Interstate Commerce Act (ICA), (Section 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 ICA. The information collected under the requirements of the Form 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 Form 6 also assists the Commission in overseeing and policing the regulated oil pipeline markets to assist in enforcing the ICA. In the Final Rule, the Commission is amending the instructions on page 700 of the 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 directs pipelines that reported combined interstate and intrastate data in any field on lines (1) through (12) of page 700 of their 2010 Form 6 or their 2011 Form 6 to file within 90 days of the final rule's publication in the Federal Register revised page 700 data containing only interstate data for the years 2009, 2010, and 2011.

US Code: 49 USC 20 Name of Law: Interstate Commerce Act
  
None

1902-AE37 Final or interim final rulemaking 77 FR 59739 10/01/2012

Yes

2
IC Title Form No. Form Name
FERC Form 6, Annual Report of Oil Pipeline Companies Form 6 (with old page 700) Annual Report of Oil Pipeline Companies
Form 6, Page 700 Refiling (one-time for 2009-2011 data)

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 332 166 0 166 0 0
Annual Time Burden (Hours) 26,989 26,657 0 332 0 0
Annual Cost Burden (Dollars) 0 1,767,092 0 0 -1,767,092 0
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, 2010, and 2011. For the recurring effort involved in filing interstate data on lines (1) through (12) of page 700 for 2012 and future years, we estimate that the change in burden is negligible (after the initial implementation). By requiring the filing of correct data on page 700 moving forward and the re-filing of page 700 for years 2009, 2010, and 2011, the Commission will be able to more fully perform its responsibilities under the ICA. The additional one-time burden of 996 hours is being averaged over the three years for the purposes of submittal to the Office of Management and Budget (OMB), giving an average additional annual burden of 332 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 reported under item 12 of the attached supporting statement).

$73,358
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.
10/01/2012


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