FERC Form 6, Annual Report of Oil Pipeline Companies

ICR 202202-1902-009

OMB: 1902-0022

Federal Form Document

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2022-04-08
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2022-04-08
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2022-04-07
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IC Document Collections
ICR Details
1902-0022 202202-1902-009
Received in OIRA 201905-1902-002
FERC FERC Form 6
FERC Form 6, Annual Report of Oil Pipeline Companies
Extension without change of a currently approved collection   No
Regular 04/08/2022
  Requested Previously Approved
36 Months From Approved 11/30/2022
262 244
42,182 39,284
0 0

The Commission uses the FERC Form Nos. 6 and 6-Q to gather firm specific information for oil pipeline companies. Data from FERC Form No. 6 facilitates the calculation of the actual rate of return on equity for oil pipelines. The actual rate of return on equity is particularly useful information when evaluating a pipeline’s rates. Additionally, the Commission uses data on page 301 of FERC Form No. 6 to compute annual charges which are then assessed against oil pipeline companies to recover the Commission's annual costs as mandated by Order No. 472.

US Code: 49 USC 60502 Name of Law: Federal Energy Regulatory Commission
   US Code: 42 USC 7172 Name of Law: Department of Energy Organization Act
   PL: Pub.L. 103 - 272 60101 Name of Law: Public Law 103-272 103rd Congress
  
None

Not associated with rulemaking

  86 FR 67052 11/24/2021
87 FR 20835 04/08/2022
Yes

1
IC Title Form No. Form Name
FERC Form 6, Annual Report of Oil Pipeline Companies FERC FOrm 6 ANNUAL REPORT OF OIL PIPELINE COMPANIES

  Total Request 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 262 244 0 0 18 0
Annual Time Burden (Hours) 42,182 39,284 0 0 2,898 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The increase of 18 responses (from 244 to 262) for the FERC Form No. 6 due to normal fluctuations in the industry (e.g., companies merging, splitting, entering in to and exiting the industry). There are no program changes or changes to the reporting or recordkeeping requirements. However, since the transition to XBRL has been completed the costs of developing and implementing new processes are no longer applicable, thus those costs have been removed.

$87,341
No
    No
    No
No
No
No
No
Christopher Kozler 734 239-3294 [email protected]

  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.
04/08/2022


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