[Federal Register Volume 62, Number 239 (Friday, December 12, 1997)] [Notices] [Page 65421] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 97-32502] ----------------------------------------------------------------------- DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. PR98-2-000] Magnolia Pipeline Corporation; Notice of Petition for Rate Approval December 8, 1997. Take notice that on November 21, 1997, Magnolia Pipeline Corporation (Magnolia), filed a petition for rate approval, pursuant to Section 311 of the Natural Gas Act, Section 284.123(b)(2) of the Commission's Regulations, and the Commission's March 31, 1995 letter order in Docket No. PR95-1-000, requesting that the Commission approve the continued use of Magnolia's current maximum rate of $0.1621 per Dth, plus reimbursement of actual fuel use up to three percent for Section 311 transportation services performed on Magnolia's system. Magnolia states that it is an intrastate pipeline within the meaning of Section 2(16) of the NGPA and it owns and operates pipeline facilities within the State of Alabama. Magnolia states that its current maximum transportation unit rate is based on a levelized cost of service. Magnolia states that even if it were able to collect its current maximum rate, Magnolia would not recover its total cost of service. Thus Magnolia only seeks approval to continue to be able to charge up to its existing approved maximum rates. Magnolia proposes an effective date on and after November 22, 1997. Pursuant to Section 284.123(b)(2)(ii), if the Commission does not act within 150 days of the filing date, the rate will be deemed to be fair and equitable and not in excess of an amount which interstate pipelines would be permitted to charge for similar transportation service. The Commission may, prior to the expiration of the 150-day period, extend the time for action or institute a proceeding to afford parties an opportunity for written comments and for the oral presentation of views, data, and arguments. Any person desiring to participate in this rate proceeding must file a motion to intervene in accordance with Sections 385.211 and 385.214 of the Commission's Rules of Practice and Procedures. All motions must be filed with the Secretary of the Commission on or before December 23, 1997. The petition for rate approval is on file with the Commission and is available for public inspection. Linwood A. Watson, Jr., Acting Secretary. [FR Doc. 97-32502 Filed 12-11-97; 8:45 am] BILLING CODE 6717-01-M