[Federal Register Volume 59, Number 183 (Thursday, September 22, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-23448]


[[Page Unknown]]

[Federal Register: September 22, 1994]


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DEPARTMENT OF ENERGY
[Docket No. ER94-1394-000]

 

Valero Power Services Co.; Notice of Issuance of Order

September 16, 1994.
    On June 22, 1994 and July 18, 1994, Valero Power Services Company 
(Valero) submitted for filing a rate schedule under which Valero will 
engage in wholesale electric power and energy transactions as a 
marketer. Valero also requested waiver of various Commission 
regulations. In particular, Valero requested that the Commission grant 
blanket approval under 18 CFR Part 34 of all future issuances of 
securities and assumptions of liability by Valero.
    On August 24, 1994, pursuant to delegated authority, the Director, 
Division of Applications, Office of Electric Power Regulation, granted 
requests for blanket approval under Part 34, subject to the following:
    Within thirty days of the date of the order, any person desiring to 
be heard or to protest the blanket approval of issuances of securities 
or assumptions of liability by Valero should file a motion to intervene 
or protest with the Federal Energy Regulatory Commission, 825 North 
Capitol Street, N.W., Washington, D.C. 20426, in accordance with Rules 
211 and 214 of the Commission's Rules of Practice and Procedure (18 CFR 
385.211 and 385.214).
    Absent a request for hearing within this period, Valero is 
authorized to issue securities and assume obligations or liabilities as 
a guarantor, endorser, surety, or otherwise in respect of any security 
of another person; provided that such issuance or assumption is for 
some lawful object within the corporate purposes of the applicant, and 
compatible with the public interests, and is reasonably necessary or 
appropriate for such purposes.
    The Commission reserves the right to require a further showing that 
neither public nor private interests will be adversely affected by 
continued approval of Valero's issuances of securities or assumptions 
of liability.
    Notice is hereby given that the deadline for filing motions to 
intervene or protests, as set forth above, is September 23, 1994.
    Copies of the full text of the order are available from the 
Commission's Public Reference Branch, Room 3308, 941 North Capitol 
Street, N.E. Washington, D.C. 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 94-23448 Filed 9-21-94; 8:45 am]
BILLING CODE 6717-01-M