FERC-6T, Annual Report of Oil Pipeline
Companies, modifications to FERC-6 due to Final Rule in Docket No.
RM19-12 (RIN 1902-0058). Information on the NOPR is included below
under 60-day notice; data on the Final Rule is shown under 30-day
notice. Sections 13 and 15 of the Interstate Commerce Act (ICA)
authorize the Commission to conduct investigations, collect, and
record data in order to carry out certain necessary and useful
provisions. The information collected from oil pipeline companies
under the requirements of the FERC Form Nos. 6 and 6-Q provide the
Commission the ability to implement the statutory provisions of the
ICA including the authority to prescribe rules, regulations
concerning accounts, records, and memoranda as necessary. The ICA
also allows the Commission to prescribe a system of accounts for
jurisdictional companies and (after notice) an opportunity for
hearing can determine the accounts in which particular outlays and
receipts can be entered, charged, or credited. In 1994, the
Commission addressed additional revisions to the FERC Form No. 6 in
Order Nos. 571 and 571-A, including a new Page 700 (Annual Cost of
Service). Data collected on page 700 is the basis for determining a
pipeline’s cost of service and rate base, which are used in tariff
filings and the 5-year index.
US Code:
49 USC
20 Name of Law: Interstate Commerce Act
The Commission is adopting
eXtensible Business Reporting Language (XBRL) as the standard for
filing the Commission Form Nos. 1, 1-F, 2, 2-A, 3-Q electric, 3-Q
natural gas, 6, 6-Q, 60, and 714. The use of XBRL will make the
information in these forms easier for filers to submit and data
users to analyze, and assist in automating regulatory filings. The
Commission believes that transitioning from the current Visual
FoxPro system to XBRL will decrease the costs, over time, of
preparing the necessary data for submission and complying with
future changes to filing requirements set forth by the Commission.
In addition, the Commission is revising its regulations to require
filers of Form No. 1-F to file their report in electronic
media.
$184,927
No
No
No
No
No
No
Uncollected
Robert Hudson 202
502-6620
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.