[Federal Register Volume 72, Number 65 (Thursday, April 5, 2007)]
[Notices]
[Pages 16771-16772]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-6319]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[IC07-2-001, FERC FORM 2]


Commission Information Collection Activities, Proposed 
Collection; Comment Request; Extension

March 30, 2007.
AGENCY: Federal Energy Regulatory Commission.

ACTION: Notice.

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SUMMARY: In compliance with the requirements of section 3507 of the 
Paperwork Reduction Act of 1995, 44 U.S.C. 3507, the Federal Energy 
Regulatory Commission (Commission) has submitted the information 
collection described below to the Office of Management and Budget (OMB) 
for review and extension of this information collection requirement. 
Any interested person may file comments directly with OMB and should 
address a copy of those comments to the Commission as explained below. 
The Commission received comments from one entity in response to an 
earlier Federal Register notice of January 8, 2007 (72 FR 764-765) and 
has provided a response to the commenter in its submission to OMB. 
Copies of the submission were also submitted to the commenter.

DATES: Comments on the collection of information are due by April May 
4, 2007.

ADDRESSES: Address comments on the collection of information to the 
Office of Management and Budget, Office of Information and Regulatory 
Affairs, Attention: Federal Energy Regulatory Commission Desk Officer. 
Comments to OMB should be filed electronically, c/o [email protected] and include the OMB Control No. as a point of 
reference. The Desk Officer may be reached by telephone at 202-395-
4650. A copy of the comments should also be sent to the Federal Energy 
Regulatory Commission, Office of the Executive Director, ED-34, 
Attention: Michael Miller, 888 First Street, NE., Washington, DC 20426. 
Comments may be filed either in paper format or electronically. Those 
persons filing electronically do not need to make a paper filing. For 
paper filings an original and 14 copies, of such comments should be 
submitted to the Secretary of the Commission, Federal Energy Regulatory 
Commission, 888 First Street, NE., Washington, DC 20426 and should 
refer to Docket No. IC07-2-001.
    Documents filed electronically via the Internet must be prepared in 
WordPerfect, MS Word, Portable Document Format, or ASCII format. To 
file the document, access the Commission's Web site at http://www.ferc.gov and click on ``Make an E-Filing,'' and then follow the 
instructions for each screen. First time users will have to establish a 
user name and password. The Commission will send an automatic 
acknowledgement to the sender's e-mail address upon receipt of 
comments. User assistance for electronic filings is available at 202-
502-8258 or by e-mail to [email protected]. Comments should not be 
submitted to this e-mail address.
    All comments may be viewed, printed or downloaded remotely via the 
Internet through FERC's homepage using the ``eLibrary'' link. Enter the 
docket number excluding the last three digits in the docket number 
field to access the document. For user assistance, contact 
[email protected] or toll-

[[Page 16772]]

free at (866) 208-3676, or for TTY, contact (202) 502-8659.

FOR FURTHER INFORMATION CONTACT: Michael Miller may be reached by 
telephone at (202) 502-8415, by fax at (202) 273-0873, and by e-mail at 
[email protected].

SUPPLEMENTARY INFORMATION:

Description

    The information collection submitted for OMB review contains the 
following:
    1. Collection of Information: FERC Form 2 ``Annual Report for Major 
Natural Gas Companies''.
    2. Sponsor: Federal Energy Regulatory Commission.
    3. Control No.: 1902-0028.
    The Commission is now requesting that OMB approve and extend the 
expiration date for an additional three years with no changes to the 
existing collection. The information filed with the Commission is 
mandatory.
    4. Necessity of the Collection of Information: Submission of the 
information is necessary for the Commission to carry out its 
responsibilities in implementing the statutory provisions of the 
Natural Gas Act (NGA) 15 U.S.C. 717. The FERC Form 2 is a financial and 
operating report for natural gas rate regulation for major pipeline 
owners. ``Major'' is defined as companies having combined gas sold for 
resale and gas transported or stored for a fee that exceeds 50 million 
Dth in each of the three previous calendar years. Under the Form 2, the 
Commission investigates, collects and records data and prescribes rules 
and regulations concerning accounts, records and memoranda as necessary 
to administer the NGA. The Commission is empowered to prescribe a 
system of accounts for jurisdictional gas pipelines and after notice 
and opportunity for hearing, may determine the accounts in which 
particular outlays the receipts will be entered, charged or credited.
    The Commission's staff uses the data in the continuous review of 
the financial condition of jurisdictional companies, in various rate 
proceedings and in the Commission's audit program. FERC Form 2 data are 
also used to compute annual charges which are necessary to recover the 
Commission's annual costs. The annual charges are required by section 
3401 of the Omnibus Budget Reconciliation Act of 1986.
    The NGA mandates the collection of information needed by the 
Commission to perform its regulatory responsibilities in the setting of 
just and reasonable rates. The Commission could be held in violation of 
the NGA if the information was not collected.
    The annual financial information filed with the Commission is a 
mandatory requirement submitted in a prescribed format which is filed 
electronically. The Commission implements these filing requirements in 
18 CFR parts 158, 201, 260.1 and 385.2011.
    5. Respondent Description: The respondent universe currently 
comprises 71 companies (on average) subject to the Commission's 
jurisdiction.
    6. Estimated Burden: 111,470 total hours, 71 respondents (average), 
1 response per respondent, and 1,570 hours per response (average).
    7. Estimated Cost Burden to respondents: 111,470 hours/2080 hours 
per years x $122,137 per year = $6,545,486. The cost per respondent is 
equal to $92,190.

    Statutory Authority: Statutory provisions of sections 205(a) and 
(e) of the Federal Power Act, 16 U.S.C. 824d.

Philis J. Posey,
Acting Secretary.
 [FR Doc. E7-6319 Filed 4-4-07; 8:45 am]
BILLING CODE 6717-01-P