[Federal Register Volume 61, Number 144 (Thursday, July 25, 1996)]
[Notices]
[Page 38723]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-18902]


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DEPARTMENT OF ENERGY
[Docket No. ER96-1196-000]


Oxbow Power Marketing, Inc.; Notice of Issuance of Order

July 22, 1996.
    Oxbow Power Marketing, Inc. (Oxbow PM) filed an application for 
authorization to sell power at market-based rates, and for certain 
waivers and authorizations. In particular, Oxbow PM requested that the 
Commission grant blanket approval under 18 CFR Part 34 of all future 
issuances of securities and assumptions of liabilities by Oxbow PM. On 
July 12, 1996, the Commission issued an Order Conditionally Granting 
Application For Market-Based Rates (Order), in the above-docketed 
proceeding.
    The Commission's July 12, 1996 Order granted the request for 
blanket approval under Part 34, subject to the conditions found in 
Ordering Paragraphs (C), (D), and (F):
    (C) Within 30 days of the date of this Order, any person desiring 
to be heard or to protest the Commission's blanket approval of 
issuances of securities or assumptions of liabilities by Oxbow PM 
should file a motion to intervene or protest with the Federal Energy 
Regulatory Commission, 888 First Street, NE., Washington, DC 20426, in 
accordance with Rules 211 and 214 of the Commission's Rules of Practice 
and Procedure, 18 CFR 385.211 and 385.214.
    (D) Absent a request to be heard within the period set forth in 
Ordering Paragraph (C) above, Oxbow PM is hereby authorized to issue 
securities and to assume obligations or liabilities as guarantor, 
endorser, surety or otherwise in respect of any security of another 
person; provided that such issue or assumption is for some lawful 
object within the corporate purposes of the applicant, compatible with 
the public interest, and reasonably necessary or appropriate for such 
purposes.
    (F) The Commission reserves the right to modify this Order to 
require a further showing that neither public nor private interests 
will be adversely affected by continued Commission approval of Oxbow 
PM's issuances of securities or assumptions of liabilities. * * *
    Notice is hereby given that the deadline for filing motions to 
intervene or protests, as set forth above, is August 12, 1996.
    Copies of the full text of the Order are available from the 
Commission's Public Reference Branch, 888 First Street, NE., 
Washington, DC 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 96-18902 Filed 7-24-96; 8:45 am]
BILLING CODE 6717-01-M