FERC-6T, Annual Report of Oil Pipeline Companies, modifications to FERC-6 due to Final Rule in Docket No. RM19-12

FERC-6T, Annual Report of Oil Pipeline Companies, modifications to FERC-6 due to Final Rule in Docket No. RM19-12 (RIN 1902-0058). Information on the NOPR is included below under 60-day notice; data on the Final Rule is shown under 30-day notice. Sections 13 and 15 of the Interstate Commerce Act (ICA) authorize the Commission to conduct investigations, collect, and record data in order to carry out certain necessary and useful provisions. The information collected from oil pipeline companies under the requirements of the FERC Form Nos. 6 and 6-Q provide the Commission the ability to implement the statutory provisions of the ICA including the authority to prescribe rules, regulations concerning accounts, records, and memoranda as necessary. The ICA also allows the Commission to prescribe a system of accounts for jurisdictional companies and (after notice) an opportunity for hearing can determine the accounts in which particular outlays and receipts can be entered, charged, or credited. In 1994, the Commission addressed additional revisions to the FERC Form No. 6 in Order Nos. 571 and 571-A, including a new Page 700 (Annual Cost of Service). Data collected on page 700 is the basis for determining a pipeline’s cost of service and rate base, which are used in tariff filings and the 5-year index.

The latest form for FERC-6T, Annual Report of Oil Pipeline Companies, modifications to FERC-6 due to Final Rule in Docket No. RM19-12 expires 2022-08-31 and can be found here.