FERC-550, Oil Pipeline Rates - Tariff Filings and Depreciation Studies (PL24-1-000)

The Commission's regulatory jurisdiction over oil pipelines includes: • the regulation of rates and practices of oil pipeline companies engaged in interstate transportation; • the establishment of equal service conditions to provide shippers with equal access to pipeline transportation; and • the establishment of reasonable rates for transporting petroleum and petroleum products by pipeline. The filing requirements for oil pipeline tariffs and rates under the FERC-550 data collection provide the Commission with the information it needs to analyze the rates, practices, and service conditions of oil pipelines. As a result, the Commission can implement statutory directives for the federal regulation of these carriers. Major statutory and rate-making milestones in the Commission’s regulation of oil pipelines rates (“Historical Background of Oil Pipeline Ratemaking”) are included in reginfo.gov and ROCIS under “Supplementary Documents” and posted at https://www.ferc.gov/federal-statutes. In the final policy statement, PL24-1-000, the Commission is clarifying that the cost data (submitted via the FERC-550) should include project-wide labor wages and include union and non-union wages. The Commission clarified it will look to applicable collective-bargaining agreements or Project Labor Agreements as an appropriate default source of project-area wage standards because collectively bargained wages reflect actual wage and fringe benefit rates paid to the project workforce. Collective-bargaining agreements reflect the actual labor cost that should be include in oil pipeline cost-of-service rate filings and depreciation studies, including future retirement costs.

The latest form for FERC-550, Oil Pipeline Rates - Tariff Filings and Depreciation Studies (PL24-1-000) expires 2026-07-31 and can be found here.

FERC-550: Oil Pipeline Rates - Tariff Filings

Federal Enterprise Architecture: Energy - Energy Production