In accordance with 5 CFR 1320, the Information collection is approved for three years.
Inventory as of this Action
Requested
Previously Approved
04/30/2023
36 Months From Approved
04/30/2020
62,780
0
61,685
31,390
0
30,843
0
0
0
The Commission has a statutory requirement to facilitate price transparency in markets for the sale or transportation of physical natural gas in interstate commerce, having due regard for the public interest, the integrity of those markets, fair competition, and the protection of consumers. FERC-551 uses the information provided by pipelines to as part of its overall implementation the statutory provisions of sections 23(a) (1) of the Natural Gas Act, 16 USC sections 717t-2(a)(1); section 220 of the Federal Power Act; Section 316 of EPAct 2005; section 23 to the Natural Gas Act; section 1281 of EPAct 2005. More specifically, the Commission uses the pipelines’ FERC-551 postings as part of fulfilling the transparency provisions of section 23 (a) (1) of the Natural Gas Act as mandated by Congress. FERC relies is part on section 23(a) (1) of the Natural Gas Act, for authority to collect this information. The data requirements for pipelines are in listed the Code of Federal Regulations (CFR) under 18 CFR Part 284.13, reporting requirements for interstate pipelines.: The Commission has directed the data requirements under FERC-551 are to be posted on interstate pipeline websites and not filed on formatted/printed forms.
The burden associated with FERC-551 only reflects the respondent burden for interstate natural gas pipelines. The increase from the previous collection renewal is due to a more accurate count of the number of respondents from the NGA pipeline website and informational postings.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.