In accordance
with 5 CFR 1320, the information collection is approved for three
years.
Inventory as of this Action
Requested
Previously Approved
03/31/2015
36 Months From Approved
04/30/2012
512
0
575
5,632
0
12,125
0
0
0
The Commission uses the information
collected under the requirements of FERC-550 to implement the
statutory provisions of Parts 1, 6, and 15 of the Interstate
Commerce Act (ICA) (Pub. L. 337, 34 Stat. 584). Jurisdiction over
oil pipelines as it relates to the establishment of valuations for
pipelines was transferred from the Interstate Commerce Commission
(ICC) to FERC, pursuant to sections 306 and 402 of the Department
of Energy Organization Act (DOE Act), 42 U.S.C. 7155 and 7172, and
Executive Order No. 12009, 42 FR 46267 (September 17, 1977). 18 CFR
Parts 341-348 specify the filing requirements for proposed oil
pipeline rates. The data that oil pipelines file is the basis for
Commission analyses of the rates they plan to charge to transport
crude oil and petroleum products. The Commission uses its analyses:
(1) to determine if the proposed charges result in just and
reasonable rates for the oil pipeline's transportation services and
(2) to help the Commission decide whether it should suspend, accept
or reject the proposed rates.
US Code:
49 USC
1 Name of Law: Interstate Commerce Act
The Commission based its
FERC-550 burden estimates for this renewal on oil tariff filing
activity between January 1, 2008 and December 31, 2010. The
Commission estimates the overall burden of the FERC-550 to decrease
by 660 hours from 6,292 estimated burden hours to 5,632 estimated
burden hours. This estimated burden hour decrease is due to two
main reasons: 1. A net decrease in the total number of respondents
after the splits and mergers of various oil pipelines. 2. A
decrease in the burden hours per response A decrease in burden
hours per response is expected because respondents will be making
tariff changes electronically through eTariff to a baseline they
established in 2010. These changes will make administrative aspects
of oil rate filings easier to propose and implement.
$855,807
No
No
No
No
No
Uncollected
Norma McOmber 202
502-8022
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.