[Federal Register Volume 59, Number 27 (Wednesday, February 9, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-2895]


[[Page Unknown]]

[Federal Register: February 9, 1994]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

18 CFR Part 157

[Docket No. RM81-19-000]

 

Project Cost and Annual Limits

February 3, 1994.
AGENCY: Federal Energy Regulatory Commission, DOE.

ACTION: Final rule.

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SUMMARY: Pursuant to the authority delegated by 18 CFR 375.307(e)(1), 
the Director of the Office of Pipeline and Producer Regulation computes 
and publishes the project cost and annual limits specified in Table I 
of Sec. 157.208(d) and Table II of Sec. 157.215(a) for each calendar 
year.

EFFECTIVE DATE: January 1, 1994.

FOR FURTHER INFORMATION, CONTACT: Martin A. Burless, Jr., Chief, 
Pipeline Certificates and Projects Branch, Division of Pipeline 
Certificates, OPPR, (202) 208-0581

SUPPLEMENTARY INFORMATION:

Order of the Director, OPPR

February 3, 1994.
    Section 157.208(d) of the Commission's Regulations provides for 
project cost limits applicable to construction, acquisition, operation 
and miscellaneous rearrangement of facilities (Table I) authorized 
under the blanket certificate procedure (Order No. 234, 19 FERC 
61,216). Section 157.215(a) specified the calendar year dollar limit 
which may be expended on underground storage testing and development 
(Table II) authorized under the blanket certificate. Section 157.208(d) 
requires that the ``limits specified in Tables I and II shall be 
adjusted each calendar year to reflect the `GNP implicit price 
deflator' published by the Department of Commerce for the previous 
calendar year.''
    Pursuant to Sec. 375.307(e)(1) of the Commission's Regulations, the 
authority for the publication of such cost limits, as adjusted for 
inflation, is delegated to the Director of the Office of Pipeline and 
Producer Regulation. The cost limits for calendar years 1982 through 
1994, as published in Table I of Sec. 157.208(d) and Table II of 
Sec. 157.215(a), are hereby issued.
    Note that these inflation adjustments are based on the Gross 
Domestic Product (GDP) Implicit Price Deflator rather than the Gross 
National Product (GNP) Implicit Price Deflator, which is not yet 
available for 1993. The Commerce Department advises that in recent 
years the annual change has been virtually the same for both indices. 
Further adjustments will be made, if necessary.

List of Subjects in 18 CFR Part 157

    Natural gas.
Robert J. Cupina,
Deputy Director, Office of Pipeline and Producer Regulation.
    Accordingly, 18 CFR part 157 is amended as follows:

PART 157--[AMENDED]

    1. The authority citation for part 157 continues to read as 
follows:

    Authority: 15 U.S.C. 717-717w, 3301-3432; 42 U.S.C. 7101-7352.


Sec. 157.208  [Amended]

    2. Table I in Sec. 157.208(d) is revised to read as follows: 

                                Table I                                 
------------------------------------------------------------------------
                                                        Limit           
                                             ---------------------------
                                                  Auto.     Prior notice
                    Year                      project cost  project cost
                                               limit (col.   limit (col.
                                                   1)            2)     
------------------------------------------------------------------------
1982........................................    $4,200,000   $12,000,000
1983........................................     4,500,000    12,800,000
1984........................................     4,700,000    13,300,000
1985........................................     4,900,000    13,800,000
1986........................................     5,100,000    14,300,000
1987........................................     5,200,000    14,700,000
1988........................................     5,400,000    15,100,000
1989........................................     5,600,000    15,600,000
1990........................................     5,800,000    16,000,000
1991........................................     6,000,000    16,700,000
1992........................................     6,200,000    17,300,000
1993........................................     6,400,000    17,700,000
1994........................................     6,600,000    18,100,000
------------------------------------------------------------------------

Sec. 157.215  [Amended]

    3. Table II in Sec. 157.215(a) is revised to read as follows: 

                                Table II                                
------------------------------------------------------------------------
                           Year                                 Limit   
------------------------------------------------------------------------
1982......................................................    $2,700,000
1983......................................................     2,900,000
1984......................................................     3,000,000
1985......................................................     3,100,000
1986......................................................     3,200,000
1987......................................................     3,300,000
1988......................................................     3,400,000
1989......................................................     3,500,000
1990......................................................     3,600,000
1991......................................................     3,800,000
1992......................................................     3,900,000
1993......................................................     4,000,000
1994......................................................     4,100,000
------------------------------------------------------------------------


[FR Doc. 94-2895 Filed 2-8-94; 8:45 am]
BILLING CODE 6717-01-P