83_FR_48098 83 FR 47914 - Commission Information Collection Activities (FERC Form No. 552); Comment Request; Extension

83 FR 47914 - Commission Information Collection Activities (FERC Form No. 552); Comment Request; Extension

DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission

Federal Register Volume 83, Issue 184 (September 21, 2018)

Page Range47914-47914
FR Document2018-20620

In compliance with the requirements of the Paperwork Reduction Act of 1995, the Federal Energy Regulatory Commission (Commission or FERC) is soliciting public comment on the currently approved information collection FERC Form No. 552 (Annual Report of Natural Gas Transactions) and submitting the information collection to the Office of Management and Budget (OMB) for review. Any interested person may file comments directly with OMB and should address a copy of those comments to the Commission as explained below. On July 9, 2018, the Commission published a Notice in the Federal Register in Docket No. IC18-14-000 requesting public comments. The Commission received no comments.

Federal Register, Volume 83 Issue 184 (Friday, September 21, 2018)
[Federal Register Volume 83, Number 184 (Friday, September 21, 2018)]
[Notices]
[Page 47914]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-20620]



[[Page 47914]]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. IC18-14-000]


Commission Information Collection Activities (FERC Form No. 552); 
Comment Request; Extension

AGENCY: Federal Energy Regulatory Commission, Department of Energy.

ACTION: Notice of information collection and request for comments.

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SUMMARY: In compliance with the requirements of the Paperwork Reduction 
Act of 1995, the Federal Energy Regulatory Commission (Commission or 
FERC) is soliciting public comment on the currently approved 
information collection FERC Form No. 552 (Annual Report of Natural Gas 
Transactions) and submitting the information collection to the Office 
of Management and Budget (OMB) for review. Any interested person may 
file comments directly with OMB and should address a copy of those 
comments to the Commission as explained below. On July 9, 2018, the 
Commission published a Notice in the Federal Register in Docket No. 
IC18-14-000 requesting public comments. The Commission received no 
comments.

DATES: Comments on the collection of information are due October 22, 
2018.

ADDRESSES: Comments filed with OMB, identified by OMB Control No. 1902-
0242, should be sent via email to the Office of Information and 
Regulatory Affairs: oira_submission@omb.gov. Attention: Federal Energy 
Regulatory Commission Desk Officer.
    A copy of the comments should also be sent to the Commission, in 
Docket No. IC18-14-000, 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 ferconlinesupport@ferc.gov, 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 
DataClearance@FERC.gov, telephone at (202) 502-8663, and fax at (202) 
273-0873.

SUPPLEMENTARY INFORMATION: 
    Title: FERC Form No. 552, Annual Report of Natural Gas 
Transactions.
    OMB Control No.: 1902-0242.
    Type of Request: Three-year extension of the FERC Form No. 552 
information collection requirements with no changes to the current 
reporting requirements.
    Abstract: The Commission uses the information collected in the FERC 
Form No. 552 \1\ to provide greater transparency into the size of the 
physical natural gas market and the use of physical fixed-price and 
index-based natural gas transactions. This information assists the 
Commission and the public in assessing whether index prices are the 
result of a robust market of fixed-price transactions.
---------------------------------------------------------------------------

    \1\ FERC Form No. 552 is prescribed in 18 CFR 260.401.
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    FERC Form No. 552 had its genesis in the Energy Policy Act of 
2005,\2\ which added section 23 of the Natural Gas Act (NGA). Section 
23 of the NGA, among other things, directs the Commission ``to 
facilitate price transparency in markets for the sale or transportation 
of physical natural gas in interstate commerce, having due regard for 
the public interest, the integrity of those markets, and the protection 
of consumers.'' \3\
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    \2\ Energy Policy Act of 2005, Public Law 109-58, sections 1261 
et seq., 119 Stat. 594 (2005).
    \3\ 15 U.S.C. 717t-2(a)(1)(2006).
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    Type of Respondents: Wholesale natural gas market participants.
    Estimate of Annual Burden: \4\ The Commission estimates the average 
annual burden and cost \5\ for this information collection as follows.
---------------------------------------------------------------------------

    \4\ Burden is defined as 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. Refer to 
5 CFR 1320.3 for additional information.
    \5\ Costs (for wages and benefits) are based on wage figures 
from the Bureau of Labor Statistics (BLS) for May 2017 (at https://www.bls.gov/oes/current/naics2_22.htm) and benefits information (for 
December 2017, issued March 20, 2018, at https://www.bls.gov/news.release/ecec.nr0.htm). The staff estimates that 75% of the work 
is done by a financial analyst (code 13-2051) at an hourly cost of 
$64.35 (for wages plus benefits), and 25% of the work is done by 
legal staff members (code 23-0000) at an hourly cost of $143.68 (for 
wages plus benefits). Therefore the weighted cost (for wages plus 
benefits) is rounded to $84.18/hour [or ($64.35/hour x 0.75) + 
($143.68/hour x 0.25)].
    \6\ Commission staff estimates the average annual burden per 
respondent to be 20 hours (rather than the prior estimate of ten 
hours). There are no changes to the reporting requirements.

                                              FERC Form No. 552, Annual Report of Natural Gas Transactions
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                         Annual number                    Average burden hours                              Annual cost
               Category                    Number of     of responses    Total number       and cost ($) per       Total annual burden    per respondent
                                          respondents   per respondent   of responses           response            hours and cost ($)     ($) (rounded)
                                                   (1)             (2)     (1) * (2) =                      (4)          (3) * (4) = (5)       (5) / (1)
                                                                                   (3)
--------------------------------------------------------------------------------------------------------------------------------------------------------
Wholesale natural gas market                       675               1             675   20 hrs.; \6\ $1,683.60  13,500 hrs.; $1,136,430          $1,684
 participants.........................
--------------------------------------------------------------------------------------------------------------------------------------------------------

    Comments: Comments are invited on: (1) Whether the collection of 
information is 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 estimate of the burden and 
cost of the collection of information, including the validity of the 
methodology and assumptions used; (3) ways to enhance the quality, 
utility and clarity of the information collection; and (4) ways to 
minimize the burden of the collection of information on those who are 
to respond, including the use of automated collection techniques or 
other forms of information technology.

    Dated: September 13, 2018.
Kimberly D. Bose,
Secretary.
[FR Doc. 2018-20620 Filed 9-20-18; 8:45 am]
 BILLING CODE 6717-01-P



                                               47914                          Federal Register / Vol. 83, No. 184 / Friday, September 21, 2018 / Notices

                                               DEPARTMENT OF ENERGY                                       ADDRESSES:   Comments filed with OMB,                   SUPPLEMENTARY INFORMATION:
                                                                                                          identified by OMB Control No. 1902–                        Title: FERC Form No. 552, Annual
                                               Federal Energy Regulatory                                  0242, should be sent via email to the                   Report of Natural Gas Transactions.
                                               Commission                                                 Office of Information and Regulatory                       OMB Control No.: 1902–0242.
                                                                                                          Affairs: oira_submission@omb.gov.
                                               [Docket No. IC18–14–000]                                   Attention: Federal Energy Regulatory                       Type of Request: Three-year extension
                                                                                                          Commission Desk Officer.                                of the FERC Form No. 552 information
                                               Commission Information Collection                             A copy of the comments should also                   collection requirements with no changes
                                               Activities (FERC Form No. 552);                            be sent to the Commission, in Docket                    to the current reporting requirements.
                                               Comment Request; Extension                                 No. IC18–14–000, by either of the                          Abstract: The Commission uses the
                                                                                                          following methods:                                      information collected in the FERC Form
                                               AGENCY: Federal Energy Regulatory                             • eFiling at Commission’s website:                   No. 552 1 to provide greater
                                               Commission, Department of Energy.                          http://www.ferc.gov/docs-filing/                        transparency into the size of the
                                               ACTION: Notice of information collection                   efiling.asp.                                            physical natural gas market and the use
                                               and request for comments.                                     • Mail/Hand Delivery/Courier:                        of physical fixed-price and index-based
                                                                                                          Federal Energy Regulatory Commission,                   natural gas transactions. This
                                               SUMMARY:  In compliance with the                           Secretary of the Commission, 888 First
                                               requirements of the Paperwork                                                                                      information assists the Commission and
                                                                                                          Street NE, Washington, DC 20426.                        the public in assessing whether index
                                               Reduction Act of 1995, the Federal                            Instructions: All submissions must be
                                               Energy Regulatory Commission                                                                                       prices are the result of a robust market
                                                                                                          formatted and filed in accordance with                  of fixed-price transactions.
                                               (Commission or FERC) is soliciting                         submission guidelines at: http://
                                               public comment on the currently                                                                                       FERC Form No. 552 had its genesis in
                                                                                                          www.ferc.gov/help/submission-
                                               approved information collection FERC                                                                               the Energy Policy Act of 2005,2 which
                                                                                                          guide.asp. For user assistance, contact
                                               Form No. 552 (Annual Report of Natural                     FERC Online Support by email at                         added section 23 of the Natural Gas Act
                                               Gas Transactions) and submitting the                       ferconlinesupport@ferc.gov, or by phone                 (NGA). Section 23 of the NGA, among
                                               information collection to the Office of                    at: (866) 208–3676 (toll-free), or (202)                other things, directs the Commission ‘‘to
                                               Management and Budget (OMB) for                            502–8659 for TTY.                                       facilitate price transparency in markets
                                               review. Any interested person may file                        Docket: Users interested in receiving                for the sale or transportation of physical
                                               comments directly with OMB and                             automatic notification of activity in this              natural gas in interstate commerce,
                                               should address a copy of those                             docket or in viewing/downloading                        having due regard for the public
                                               comments to the Commission as                              comments and issuances in this docket                   interest, the integrity of those markets,
                                               explained below. On July 9, 2018, the                      may do so at http://www.ferc.gov/docs-                  and the protection of consumers.’’ 3
                                               Commission published a Notice in the                       filing/docs-filing.asp.                                    Type of Respondents: Wholesale
                                               Federal Register in Docket No. IC18–                       FOR FURTHER INFORMATION CONTACT:                        natural gas market participants.
                                               14–000 requesting public comments.                         Ellen Brown may be reached by email                        Estimate of Annual Burden: 4 The
                                               The Commission received no comments.                       at DataClearance@FERC.gov, telephone                    Commission estimates the average
                                               DATES: Comments on the collection of                       at (202) 502–8663, and fax at (202) 273–                annual burden and cost 5 for this
                                               information are due October 22, 2018.                      0873.                                                   information collection as follows.

                                                                                FERC FORM NO. 552, ANNUAL REPORT OF NATURAL GAS TRANSACTIONS
                                                                                                     Annual              Total                   Average                                               Annual cost
                                                                                                                                                                          Total annual burden
                                                                               Number of            number of           number                 burden hours                                                 per
                                                       Category                                                                                                             hours and cost
                                                                              respondents        responses per       of responses               and cost ($)                                           respondent
                                                                                                                                                                                  ($)
                                                                                                   respondent                                  per response                                           ($) (rounded)

                                                                                  (1)                   (2)          (1) * (2) = (3)                 (4)                     (3) * (4) = (5)            (5) ÷ (1)

                                               Wholesale natural
                                                gas market partici-
                                                pants .....................               675                    1               675          20 hrs.; 6 $1,683.60       13,500 hrs.; $1,136,430              $1,684



                                                 Comments: Comments are invited on:                       of information, including the validity of               of automated collection techniques or
                                               (1) Whether the collection of                              the methodology and assumptions used;                   other forms of information technology.
                                               information is necessary for the proper                    (3) ways to enhance the quality, utility                  Dated: September 13, 2018.
                                               performance of the functions of the                        and clarity of the information collection;
                                                                                                                                                                  Kimberly D. Bose,
                                               Commission, including whether the                          and (4) ways to minimize the burden of
                                               information will have practical utility;                                                                           Secretary.
                                                                                                          the collection of information on those
                                               (2) the accuracy of the agency’s estimate                                                                          [FR Doc. 2018–20620 Filed 9–20–18; 8:45 am]
                                                                                                          who are to respond, including the use
                                               of the burden and cost of the collection                                                                           BILLING CODE 6717–01–P

                                                  1 FERC Form No. 552 is prescribed in 18 CFR             information to or for a Federal agency. Refer to 5      of $64.35 (for wages plus benefits), and 25% of the
daltland on DSKBBV9HB2PROD with NOTICES




                                               260.401.                                                   CFR 1320.3 for additional information.                  work is done by legal staff members (code 23–0000)
                                                  2 Energy Policy Act of 2005, Public Law 109–58,            5 Costs (for wages and benefits) are based on wage   at an hourly cost of $143.68 (for wages plus
                                               sections 1261 et seq., 119 Stat. 594 (2005).               figures from the Bureau of Labor Statistics (BLS) for   benefits). Therefore the weighted cost (for wages
                                                  3 15 U.S.C. 717t–2(a)(1)(2006).
                                                                                                          May 2017 (at https://www.bls.gov/oes/current/           plus benefits) is rounded to $84.18/hour [or
                                                                                                          naics2_22.htm) and benefits information (for            ($64.35/hour × 0.75) + ($143.68/hour × 0.25)].
                                                  4 Burden is defined as the total time, effort, or
                                                                                                          December 2017, issued March 20, 2018, at https://          6 Commission staff estimates the average annual
                                               financial resources expended by persons to                 www.bls.gov/news.release/ecec.nr0.htm). The staff       burden per respondent to be 20 hours (rather than
                                               generate, maintain, retain, or disclose or provide         estimates that 75% of the work is done by a             the prior estimate of ten hours). There are no
                                                                                                          financial analyst (code 13–2051) at an hourly cost      changes to the reporting requirements.



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Document Created: 2018-09-21 00:23:50
Document Modified: 2018-09-21 00:23:50
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice of information collection and request for comments.
DatesComments on the collection of information are due October 22, 2018.
ContactEllen Brown may be reached by email at [email protected], telephone at (202) 502-8663, and fax at (202) 273-0873.
FR Citation83 FR 47914 

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