[Federal Register Volume 61, Number 120 (Thursday, June 20, 1996)]
[Notices]
[Pages 31513-31514]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-15652]



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DEPARTMENT OF ENERGY
[Docket No. ER96-1724-000]


SDS Petroleum Products, Incorporated; Notice of Issuance of Order

June 13, 1996.
    SDS petroleum Products, Incorporated (SDS) submitted for filing a 
rate schedule under which SDS will engage in wholesale electric power 
and energy transactions as a marketer. SDS also requested waiver of 
various Commission regulations. In particular, SDS requested that the 
Commission grant blanket approval under 18 CFR Part 34 of all future 
issuances of securities and assumptions of liability by SDS.
    On June 6, 1996, 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

[[Page 31514]]

issuances of securities or assumptions of liability by SDS should file 
a motion to intervene or protest with the Federal Energy Regulatory 
Commission, 888 First Street, N.E., 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, SDS is authorized 
to issue securities and assume obligations or liabilities as a 
guarantor, indorser, 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 interest, 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 SDS'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 July 8, 1996.
    Copies of the full text of the order are available from the 
Commission's Public Reference Branch, 888 First Street, N.E. 
Washington, D.C. 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 96-15652 Filed 6-19-96; 8:45 am]
BILLING CODE 6717-01-M