In accordance
with 5 CFR 1320, the information collection is approved for three
years. Although FERC is not requiring reporting of intrastate
natural gas pipeline information, FERC is encouraged to remove the
intrastate reporting requirements from their current regulations
and then update this collection to indicate that change in the
supporting statement.
Inventory as of this Action
Requested
Previously Approved
01/31/2017
36 Months From Approved
01/31/2014
36,966
0
62,244
18,483
0
44,033
0
0
0
With the passage of EPAct 2005,
Congress affirmed a commitment to competition in wholesale natural
gas and electricity markets as national policy, the fifth major
federal law in the last 30 years to do so. As part of this
commitment to competition, in the transparency provisions, Congress
charged the Commission with assuring the integrity of the wholesale
markets and assuring fair competition by facilitating price
transparency in those markets. It also significantly strengthened
the Commission's regulatory tools in the transparency provisions,
specifically, in section 220 of the Federal Power Act and Section
23 of the Natural Gas Act. FERC implemented Order Nos. 720 and
720-A to comply with EPAct 2005 which amended the NGA to direct
FERC to "facilitate price transparency in markets for the sale or
transportation of physical natural gas in interstate commerce." On
October 24, 2011, the United States Court of Appeals for the Fifth
Circuit issued a decision granting the Texas Pipeline Association
and the Railroad Commission's petition for review and vacating
FERC's Order Nos. 720 and 720-A. In its order, the 5th Circuit held
that Order Nos. 720 and 720-A exceeded the scope of FERC' authority
under the Natural Gas Act of 1938 and FERC could not require
intrastate natural gas pipelines to post the information. However,
the court's decision did not disrupt the reporting and posting
obligations of interstate natural gas pipelines. The requirements
for intrastate natural gas pipelines remain in FERC's regulations
at 18 CFR 284.14. The Commission may potentially take action to
remove these requirements in the future.
The FERC-551 information
collection burden changed because of the decision of the United
States Court of Appeals for the Fifth Circuit that Order Nos. 720
and 720-A exceeded the scope of FERC's authority under the Natural
Gas Act of 1938. Therefore, FERC could not require intrastate
natural gas pipelines to post the information. The total burden
only reflects the burden for interstate natural gas pipelines. This
is the reason for the decrease in burden for the FERC-551
information collection.
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.