84 FR 15213 - Commission Information Collection Activities (FERC Form Nos. 6 and 6-Q); Comment Request; Extension

In compliance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Energy Regulatory Commission (Commission or FERC) is soliciting public comment on the currently approved information collections, FERC Form Nos. 6 (Annual Report of Oil Pipeline Companies) and 6-Q (Quarterly Report of Oil Pipeline Companies).

[Federal Register Volume 84, Number 72 (Monday, April 15, 2019)]
[Notices]
[Pages 15213-15214]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2019-07421]



[[Page 15213]]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. IC19-20-000]


Commission Information Collection Activities (FERC Form Nos. 6 
and 6-Q); Comment Request; Extension

AGENCY: Federal Energy Regulatory Commission, DOE.

ACTION: Notice of information collections and request for comments.

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SUMMARY: In compliance with the requirements of the Paperwork Reduction 
Act of 1995 (PRA), the Federal Energy Regulatory Commission (Commission 
or FERC) is soliciting public comment on the currently approved 
information collections, FERC Form Nos. 6 (Annual Report of Oil 
Pipeline Companies) and 6-Q (Quarterly Report of Oil Pipeline 
Companies).

DATES: Comments on the collections of information are due June 14, 
2019.

ADDRESSES: You may submit comments (identified by Docket No. IC19-20-
000) by either of the following methods:
     eFiling at Commission's Website: http://www.ferc.gov/docs-filing/efiling.asp.
     Mail/Hand Delivery/Courier: Federal Energy Regulatory 
Commission, Secretary of the Commission, 888 First Street NE, 
Washington, DC 20426.
    Instructions: All submissions must be formatted and filed in 
accordance with submission guidelines at: http://www.ferc.gov/help/submission-guide.asp. For user assistance, contact FERC Online Support 
by email at [email protected], or by phone at: (866) 208-3676 
(toll-free), or (202) 502-8659 for TTY.
    Docket: Users interested in receiving automatic notification of 
activity in this docket or in viewing/downloading comments and 
issuances in this docket may do so at http://www.ferc.gov/docs-filing/docs-filing.asp.

FOR FURTHER INFORMATION CONTACT: Ellen Brown may be reached by email at 
[email protected], telephone at (202) 502-8663, and fax at (202) 
273-0873.

SUPPLEMENTARY INFORMATION: 
    Titles: FERC Form Nos. 6 (Annual Report of Oil Pipeline Companies) 
and 6-Q (Quarterly Report of Oil Pipeline Companies).
    OMB Control Nos.: 1902-0022 (FERC Form No. 6) and 1902-0206 (FERC 
Form No. 6-Q).
    Type of Respondent: Oil pipelines.
    Type of Request: Three-year extension of FERC Form Nos. 6 and 6-Q 
information collections with no changes to the current reporting and 
recordkeeping requirements.\1\
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    \1\ FERC Form Nos. 6 and 6-Q are part of the ``Forms Refresh'' 
effort, which is a separate activity and not addressed here. See 
Revisions to the Filing Process for Commission Forms, 166 FERC ] 
61,027 (2019) (started in Docket No. AD15-11 and ongoing in Docket 
No. RM19-12). (OMB issued its decisions on the proposed changes in 
the Forms Refresh Notice of Proposed Rulemaking in Docket No. RM19-
12 on March 14, 2019.) In addition, this submittal does not reflect 
Docket No. RM15-19 (Petition for a Rulemaking of the Liquids 
Shippers Group, et. al, (2015)) and Docket No. RM17-1 (Revisions to 
Indexing Policies and Page 700 of FERC Form No. 6 (2016)).
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    Abstract: Under the Interstate Commerce Act (ICA),\2\ the 
Commission is authorized and empowered to make investigations and to 
collect and record data to the extent the Commission may consider to be 
necessary or useful for the purpose of carrying out the provisions of 
the ICA. The Commission must ensure just and reasonable rates for 
transportation of crude oil and petroleum products by pipelines in 
interstate commerce.
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    \2\ 49 U.S.C. Part 1, Section 20, 54 Stat. 916.
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FERC Form No. 6, Annual Report of Oil Pipeline Companies

    In 1977, the Department of Energy Organization Act transferred to 
the Commission from the Interstate Commerce Commission (ICC) the 
responsibility to regulate oil pipeline companies. In accordance with 
the transfer of authority, the Commission was delegated the 
responsibility to require oil pipelines to file annual reports of 
information necessary for the Commission to exercise its statutory 
responsibilities.\3\ The transfer included the ICC Form P, the 
predecessor to FERC Form No. 6.\4\
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    \3\ Section 402(b) of the Department of Energy Organization Act 
(DOE Act), 42 U.S.C. 7172 provides that; ``[t]here are hereby 
transferred to, and vested in, the Commission all functions and 
authority of the Interstate Commerce Commission or any officer or 
component of such Commission where the regulatory function 
establishes rates or charges for the transportation of oil by 
pipeline or established the valuation of any such pipeline.''
    \4\ The ICC developed the Form P to collect information on an 
annual basis to enable it to carry out its regulation of oil 
pipeline companies under the Interstate Commerce Act. A 
comprehensive review of the reporting requirements for oil pipeline 
companies was performed on September 21, 1982, when the Commission 
issued Order 260 revising the former ICC Form P, ``Annual Report of 
Carriers by Pipeline'' and redesignating it as FERC Form No. 6, 
``Annual Report of Oil Pipeline Companies''.
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    To reduce burden on industry, FERC Form No. 6 has three tiers of 
reporting requirements:
    1. Each oil pipeline carrier whose annual jurisdictional operating 
revenues has been $500,000 or more for each of the three previous 
calendar years must file FERC Form No. 6 (18 CFR 357.2 (a)). Oil 
pipeline companies subject to the provisions of section 20 of the ICA 
must submit FERC Form No. 6-Q. 18 CFR 357.4(b)). Newly established 
entities must use projected data to determine whether FERC Form No. 6 
must be filed.
    2. Oil pipeline carriers exempt from filing FERC Form No. 6 whose 
annual jurisdictional operating revenues have been more than $350,000 
but less than $500,000 for each of the three previous calendar years 
must prepare and file page 301, ``Operating Revenue Accounts (Account 
600), and page 700, ``Annual cost of Service Based Analysis Schedule,'' 
of FERC Form No. 6. When submitting pages 301 and 700, each exempt oil 
pipeline carrier must include page 1 of FERC Form No. 6, the 
Identification and Attestation schedules (18 CFR 357.2 (a)(2)).
    3. Oil pipeline carriers exempt from filing FERC Form No. 6 and 
pages 301 and whose annual jurisdictional operating revenues were 
$350,000 or less for each of the three previous calendar years must 
prepare and file page 700, ``Annual Cost of Service Based Analysis 
Schedule,'' of FERC Form No. 6. When submitting page 700, each exempt 
oil pipeline carrier must include page 1 of FERC Form No. 6, the 
Identification and Attestation schedule (18 CFR 357.2 (a)(3)).
    The Commission uses the data in FERC Form Nos. 6 and 6-Q to perform 
audits and reviews on the financial condition of oil pipelines; assess 
energy markets; conduct oil pipeline rate proceedings and economic 
analysis; conduct research for use in administrative litigation; and 
administer the requirements of the ICA. 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.
    The Commission also 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. The annual charges are required by Section 3401 of the Omnibus 
Budget Reconciliation Act of 1986.
    Furthermore, the majority of state regulatory commissions use FERC 
Form Nos. 6 and 6-Q and the Commission's Uniform System of Accounts 
(USofA) to satisfy their reporting requirements for those companies 
under their jurisdiction. In addition, the public uses the data in FERC 
Form Nos. 6 and 6-Q to assist in monitoring rates, the financial 
condition of the oil pipeline

[[Page 15214]]

industry, and in assessing energy markets.

FERC Form No. 6-Q, Quarterly Financial Report of Oil Pipeline Companies

    The Commission uses the information collected in FERC Form No. 6-Q 
to carry out its responsibilities in implementing the statutory 
provisions of the ICA to include the authority to prescribe rules and 
regulations concerning accounts, records, and memoranda, as necessary 
or appropriate. Financial accounting and reporting provides necessary 
information concerning a company's past performance and its future 
prospects. Without reliable financial statements prepared in accordance 
with the Commission's USofA and related regulations, it would be 
difficult for the Commission to accurately determine the costs that 
relate to a particular time period, service, or line of business.
    The Commission uses data from FERC Form No. 6-Q to assist in: (1) 
Implementation of its financial audits and programs; (2) continuous 
review of the financial condition of regulated companies; (3) 
assessment of energy markets; (4) rate proceedings and economic 
analyses; and (5) research for use in litigation.
    Financial information reported on the quarterly FERC Form No. 6-Q 
provides the Commission, as well as customers, investors and others, an 
important tool to help identify emerging trends and issues affecting 
jurisdictional entities within the energy industry. It also provides 
timely disclosures of the impacts that new accounting standards, or 
changes in existing standards, have on jurisdictional entities, as well 
as the economic effects of significant transactions, events, and 
circumstances. The reporting of this information by jurisdictional 
entities assists the Commission in its analysis of profitability, 
efficiency, risk, and in its overall monitoring.

FERC Form Nos. 6 and 6-Q

Estimates of Annual Burden \5\ and Cost: \6\
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    \5\ ``Burden'' is the total time, effort, or financial resources 
expended by persons to generate, maintain, retain, or disclose or 
provide information to or for a Federal agency. For further 
explanation of what is included in the information collection 
burden, refer to Title 5 Code of Federal Regulations 1320.3.
    \6\ The FERC 2018 average salary plus benefits for one FERC 
full-time equivalent (FTE) is $164,820/year (or $79.00/hour). 
Commission staff estimates that the industry's skill set (wages and 
benefits) for completing and filing FERC Form Nos. 6 and 6-Q are 
comparable to the Commission's skill set.

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                                                      Annual number of                                             Total annual burden
                                         Number of      responses per    Total number    Average burden hours &    hours & total annual      Cost per
                                        respondents      respondent      of responses    cost ($) per response           cost ($)         respondent ($)
                                                 (1)               (2)     (1) * (2) =  (4)....................  (3) * (4) = (5)........       (5) / (1)
                                                                                   (3)
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FERC Form No. 6.....................             244                 1             244  161 hrs.; $12,719......  39,284 hrs.; $3,103,436         $12,719
FERC Form No. 6-Q...................             244                 3             732  150 hrs.; $11,850......  109,800 hrs.;                    35,550
                                                                                                                  $8,674,200.
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    Comments: Comments are invited on: (1) Whether the collections of 
information are necessary for the proper performance of the functions 
of the Commission, including whether the information will have 
practical utility; (2) the accuracy of the agency's estimates of the 
burden and cost of the collections of information, including the 
validity of the methodology and assumptions used; (3) ways to enhance 
the quality, utility and clarity of the information collections; and 
(4) ways to minimize the burden of the collections of information on 
those who are to respond, including the use of automated collection 
techniques or other forms of information technology.

    Dated: April 9, 2019.
Kimberly D. Bose,
Secretary.
[FR Doc. 2019-07421 Filed 4-12-19; 8:45 am]
 BILLING CODE 6717-01-P