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Proposed Rule2024-245182024-10-23

Supplemental Review of the Oil Pipeline Index Level

Energy Department, Federal Energy Regulatory Commission

Abstract

The Federal Energy Regulatory Commission (Commission) proposes to amend the index level used to determine annual changes to oil pipeline rate ceilings following the decision of the United States Court of Appeals for the District of Columbia Circuit in Liquid Energy Pipeline Association v. FERC. In place of the index level established by order issued December 17, 2020, in Docket No. RM20-14-000, the Commission proposes to use the Producer Price Index for Finished Goods (PPI-FG) minus 0.21% as the prospective index level for the remainder of the five-year period that began July 1, 2021. The Commission invites interested persons to submit comments regarding this proposal.

Action & Dates

Action
Supplemental notice of proposed rulemaking.
Dates
Initial comments are due November 26, 2024. Reply comments are due December 20, 2024.

CFR References

Public Comment

Comments Close
2024-11-26

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of Energy Federal Energy Regulatory Commission 18 CFR Part 342 [Docket No. RM25-2-000] AGENCY: Federal Energy Regulatory Commission, Department of Energy. ACTION: Supplemental notice of proposed rulemaking. SUMMARY: The Federal Energy Regulatory Commission (Commission) proposes to amend the index level used to determine annual changes to oil pipeline rate ceilings following the decision of the United States Court of Appeals for the District of Columbia Circuit in Liquid Energy Pipeline Association v. FERC. In place of the index level established by order issued December 17, 2020, in Docket No. RM20-14-000, the Commission proposes to use the Producer Price Index for Finished Goods (PPI-FG) minus 0.21% as the prospective index level for the remainder of the five-year period that began July 1, 2021. The Commission invites interested persons to submit comments regarding this proposal. DATES: Initial comments are due November 26, 2024. Reply comments are due December 20, 2024. ADDRESSES: Comments, identified by docket number, may be filed in the following ways. Electronic filing through http://www.ferc.gov , is preferred. Electronic Filing: Documents must be filed in acceptable native applications and print-to-PDF, but not in scanned or picture format. For those unable to file electronically, comments may be filed by USPS mail or by hand (including courier) delivery. ○ Mail via U.S. Postal Service Only: Addressed to: Federal Energy Regulatory Commission, Secretary

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Full Document

Citation: 89 FR 84475