In accordance
with 5 CFR 1320, the information collection is approved for three
years.
Inventory as of this Action
Requested
Previously Approved
09/30/2016
36 Months From Approved
08/31/2016
773
0
705
8,076
0
5,825
41,750
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.
US Code:
49 USC
1 Name of Law: Interstate Commerce Act
The approved regulations will
eliminate or reduce several filing requirements as obsolete and no
longer necessary. The eliminated or reduced filings include the
filing of Index of Tariffs, reduced number of adoption filings,
eliminated suspension supplements, and reduced number of filings
necessary to amend incorrect filings. Based upon a review of the
filings made by interstate oil pipelines since eTariff was
implemented in April 2010, the Commission estimates a reduction of
99 tariff filings and 1,089 burden hours per year. The Commission
revises Part 341's tariff posting requirements for interstate oil
pipelines from paper to electronic format. There is no change in
burden for the pipelines to maintain the status of their tariffs
for public inspection, as that requirement is unchanged. The
Commission recognizes that there will be a one-time increased
burden involved in the initial implementation associated with
purchasing software and updating websites to post their tariff
electronically. We estimate a one-time additional cost of $250 per
respondent for non-labor costs (167 respondents X $250/respondent =
$41,750 total cost). Additionally, we estimate a one-time hourly
burden of 20 hours per respondent for updating the web sites for
posting of the tariffs. As indicated above, 99 filings and 1,089
total burden hours are being removed from this collection. Further,
there is a one-time increase per company of one response, 20 hours,
and $250 (a total of 3,340 hours and $41,750 respectively). In the
first year the net change in responses is 68 (167 added and 99
removed = 68) and in hours 2,251 (3,340 added and 1,089 removed =
2,251). The Commission intends to remove the one-time burden hours,
costs, and responses from the inventory after the first year. In
summary, 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 we
estimate a burden decrease per company. 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.
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 RM12-15-000 Final Rule (FERC-550) Supporting Statement (updated 9-26-2013).docx
Historical Background of Oil Pipeline Ratemaking.doc
18 CFR 388.112(a)(1).pdf
FERC-550: Oil Pipeline Rates - Tariff Filings