[Federal Register Volume 71, Number 204 (Monday, October 23, 2006)]
[Notices]
[Page 62106]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-17633]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket Nos. ER06-461-000, ER06-461-001]


Velocity Futures, L.P.; Notice of Issuance of Order

October 16, 2006.
    Velocity Futures, L.P. (Velocity) filed an application for market-
based rate authority, with an accompanying rate schedule. The proposed 
market-based rate schedule provides for the sale of energy and capacity 
at market-based rates. Velocity also requested waivers of various 
Commission regulations. In particular, Velocity requested that the 
Commission grant blanket approval under 18 CFR part 34 of all future 
issuances of securities and assumptions of liability by Velocity.
    On March 8, 2006, pursuant to delegated authority, the Director, 
Division of Tariffs and Market Development--West, granted the requests 
for blanket approval under part 34. The Director's order also stated 
that the Commission would publish a separate notice in the Federal 
Register establishing a period of time for the filing of protests. 
Accordingly, any person desiring to be heard or to protest the blanket 
approvals of issuances of securities or assumptions of liability by 
Velocity 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, 385.214 (2004).
    Notice is hereby given that the deadline for filing motions to 
intervene or protest is November 15, 2006.
    Absent a request to be heard in opposition by the deadline above, 
Velocity 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 
Velocity, 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 approvals of Velocity's issuance of securities or assumptions 
of liability.
    Copies of the full text of the Director's Order are available from 
the Commission's Public Reference Room, 888 First Street, NE., 
Washington, DC 20426. The Order may also be viewed on the Commission's 
Web site at http://www.ferc.gov, using the eLibrary link. Enter the 
docket number excluding the last three digits in the docket number 
filed to access the document. Comments, protests, and interventions may 
be filed electronically via the internet in lieu of paper. See, 18 CFR 
385.2001(a)(1)(iii) and the instructions on the Commission's Web site 
under the ``e-Filing'' link. The Commission strongly encourages 
electronic filings.

Magalie R. Salas,
Secretary.
 [FR Doc. E6-17633 Filed 10-20-06; 8:45 am]
BILLING CODE 6717-01-P