18 Cfr 342.2

e-CFR data is current as of May 25, 2017

Title 18 → Chapter I → Subchapter P → Part 342

Browse Previous | Browse Next

Title 18: Conservation of Power and Water Resources

PART 342—OIL PIPELINE RATE METHODOLOGIES AND PROCEDURES

Contents
§342.0   Applicability.
§342.1   General rule.
§342.2   Establishing initial rates.
§342.3   Indexing.
§342.4   Other rate changing methodologies.

Authority: 5 U.S.C. 571-83; 42 U.S.C. 7101-7532; 49 U.S.C. 60502; 49 App. U.S.C. 1-85.

Source: Order 561, 58 FR 58779, Nov. 4, 1993, unless otherwise noted.

Back to Top

§342.0   Applicability.

(a) Except as provided in paragraph (b) of this section, rate changes by oil pipelines shall be governed by this part.

(b) Exception for the Trans-Alaska Pipeline. This part shall not apply to the Trans-Alaska Pipeline authorized by the Trans-Alaska Pipeline Authorization Act (43 U.S.C. 1651, et seq.) or to any pipeline delivering oil directly or indirectly to the Trans-Alaska Pipeline.

Back to Top

§342.1   General rule.

Each carrier subject to the jurisdiction of the Commission under the Interstate Commerce Act:

(a) Must establish its initial rates subject to such Act pursuant to §342.2; and

(b) Must make any change in existing rates pursuant to §342.3 or §342.4, whichever is applicable, unless directed otherwise by the Commission.

Back to Top

§342.2   Establishing initial rates.

A carrier must justify an initial rate for new service by:

(a) Filing cost, revenue, and throughput data supporting such rate as required by part 346 of this chapter; or

(b) Filing a sworn affidavit that the rate is agreed to by at least one non-affiliated person who intends to use the service in question, provided that if a protest to the initial rate is filed, the carrier must comply with paragraph (a) of this section.

[Order 561, 58 FR 58779, Nov. 4, 1993, as amended at 59 FR 59146, Nov. 16, 1994]