OMB files this comment in accordance with 5 CFR 1320.11(c) of the Paperwork Reduction Act and is withholding approval of this collection at this time. This OMB action is not an approval to conduct or sponsor an information collection under the Paperwork Reduction Act of 1995. The agency shall examine public comment in response to the Notice of Proposed Rulemaking and will include in the supporting statement of the next ICR, to be submitted to OMB at the final rule stage, a description of how the agency has responded to any public comments on the ICR. This action has no effect on any current approvals.
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
03/31/2015
36 Months From Approved
03/31/2015
512
0
512
5,632
0
5,632
0
0
0
The Commission uses the information collected under the requirements of FERC-550 to implement the statutory provisions of Parts 1, 6, and 15 of the Interstate Commerce Act (ICA) (Pub. L. 337, 34 Stat. 584). Jurisdiction over oil pipelines as it relates to the establishment of valuations for pipelines was transferred from the Interstate Commerce Commission (ICC) to FERC, pursuant to sections 306 and 402 of the Department of Energy Organization Act (DOE Act), 42 U.S.C. 7155 and 7172, and Executive Order No. 12009, 42 FR 46267 (September 17, 1977). 18 CFR Parts 341-348 specify the filing requirements for proposed oil pipeline rates. The data that oil pipelines file is the basis for Commission analyses of the rates they plan to charge to transport crude oil and petroleum products. The Commission uses its analyses: (1) to determine if the proposed charges result in just and reasonable rates for the oil pipeline's transportation services and (2) to help the Commission decide whether it should suspend, accept or reject the proposed rates. In the proposed rule, the Commission proposes to rewrite, remove, and update its regulations governing the form, composition and filing of rates and charges by interstate oil pipelines for transportation in interstate commerce. This proposal is a part of the Commission's ongoing program to review its filing and reporting requirements and reduce unnecessary burdens by eliminating the collection of data that are not necessary to the performance of the Commission's regulatory responsibilities.
US Code:
49 USC 1
Name of Law: Interstate Commerce Act
The burden to each respondent is estimated to experience a short-term increase of 20 hours. (and $250) as they reprogram their websites to handle this information. After the first year the burden is estimated to decrease by 8.4 hours. This burden hour decrease is due to two reasons: The wholesale elimination of some filings; and the streamlining of others, to include allowing pipelines to post some information on their public websites instead of having to make a filing with the FERC.
$862,828
No
No
No
No
No
Uncollected
Norma McOmber 202 502-8022
Reginfo record details
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.
Final (RM12-15, NOPR) FERC-550 Supporting Statement.docx
Historical Background of Oil Pipeline Ratemaking.doc
18 CFR Part 341-348.pdf
FERC-550: Oil Pipeline Rates - Tariff Filings