[Federal Register Volume 64, Number 196 (Tuesday, October 12, 1999)] [Notices] [Pages 55263-55264] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 99-26430] ----------------------------------------------------------------------- DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. RP00-5-000] Colorado Interstate Gas Company; Notice of Tariff Filing October 5, 1999. Take notice that on October 1, 1999, Colorado Interstate Gas Company (CIG), tendered for filing to become part of its FERC Gas Tariff, First Revised Volume No. 1, tariff sheets listed in Appendix A to the filing, to be effective November 1, 1999. CIG states it is making this filing to replace Spot Index Price with Cash Out Index Price to be used for the following: 1. The imbalance cash-out provisions, 2. The penalty imposed on a park-loan shipper pursuant to Rate Schedule PAL-1 that fails to return loaned gas by the deadline imposed by CIG (currently 150% of the Spot Index Price), 3. The penalty imposed on a swing service operator pursuant to Rate Schedule SS-1 (currently 150% of the Spot Index Price), and 4. Calculating the fuel quantity attributable to revenue from gas processing. Use of the Spot Index Price as a basis for calculation of unauthorized overrun fees is unaffected by this filing. CIG avers that currently it calculates the Spot Index Price based on published first-of-the-month index prices. CIG is proposing to add a new term to be called the Cash Out Index Price, to be calculated using an average of the daily mid-point index prices for the pertinent production month. CIG states that an average daily index price is more representative than a first of the month [[Page 55264]] index price regarding the actual cost of gas during a production month. CIG further states that an average daily index price is superior to a first of the month index in deterring gaming by shippers, such as when a shipper decides to deliberately (1) Incur or not clear imbalances, (2) Not return loaned quantities to park-loan service, or (3) Not return excess deliveries in its swing service account. CIG states a first of the month index invites gaming because this type of index price allows a shipper to readily determine when there is an economic advantage to engage in gaming. CIG states that copies of the filing have been mailed to all affected customers and state regulatory commissions. Any person desiring to be heard or to protest said filing should file a motion to intervene or a protest with the Federal Energy Regulatory Commission, 888 First Street, NE, Washington, D.C. 20426, in accordance with sections 385.214 or 385.211 of the Commission's rules and regulations. All such motions or protests must be filed in accordance with section 154.210 of the Commission's Regulations. Protests will be considered by the Commission in determining the appropriate action to be taken, but will not serve to make protestants parties to the proceedings. Any person wishing to become a party must file a motion to intervene. Copies of this filing are on file with the Commission and are available for public inspection in the Public Reference Room. This filing may be viewed on the web at http:// www.ferc.fed.us/online/rims.htm (call 202-208-2222 for assistance). Linwood A. Watson, Jr., Acting Secretary. [FR Doc. 99-26430 Filed 10-8-99; 8:45 am] BILLING CODE 6717-01-M