[Federal Register Volume 59, Number 27 (Wednesday, February 9, 1994)] [Unknown Section] [Page 0] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 94-2895] [[Page Unknown]] [Federal Register: February 9, 1994] ======================================================================= ----------------------------------------------------------------------- DEPARTMENT OF ENERGY Federal Energy Regulatory Commission 18 CFR Part 157 [Docket No. RM81-19-000] Project Cost and Annual Limits February 3, 1994. AGENCY: Federal Energy Regulatory Commission, DOE. ACTION: Final rule. ----------------------------------------------------------------------- SUMMARY: Pursuant to the authority delegated by 18 CFR 375.307(e)(1), the Director of the Office of Pipeline and Producer Regulation computes and publishes the project cost and annual limits specified in Table I of Sec. 157.208(d) and Table II of Sec. 157.215(a) for each calendar year. EFFECTIVE DATE: January 1, 1994. FOR FURTHER INFORMATION, CONTACT: Martin A. Burless, Jr., Chief, Pipeline Certificates and Projects Branch, Division of Pipeline Certificates, OPPR, (202) 208-0581 SUPPLEMENTARY INFORMATION: Order of the Director, OPPR February 3, 1994. Section 157.208(d) of the Commission's Regulations provides for project cost limits applicable to construction, acquisition, operation and miscellaneous rearrangement of facilities (Table I) authorized under the blanket certificate procedure (Order No. 234, 19 FERC 61,216). Section 157.215(a) specified the calendar year dollar limit which may be expended on underground storage testing and development (Table II) authorized under the blanket certificate. Section 157.208(d) requires that the ``limits specified in Tables I and II shall be adjusted each calendar year to reflect the `GNP implicit price deflator' published by the Department of Commerce for the previous calendar year.'' Pursuant to Sec. 375.307(e)(1) of the Commission's Regulations, the authority for the publication of such cost limits, as adjusted for inflation, is delegated to the Director of the Office of Pipeline and Producer Regulation. The cost limits for calendar years 1982 through 1994, as published in Table I of Sec. 157.208(d) and Table II of Sec. 157.215(a), are hereby issued. Note that these inflation adjustments are based on the Gross Domestic Product (GDP) Implicit Price Deflator rather than the Gross National Product (GNP) Implicit Price Deflator, which is not yet available for 1993. The Commerce Department advises that in recent years the annual change has been virtually the same for both indices. Further adjustments will be made, if necessary. List of Subjects in 18 CFR Part 157 Natural gas. Robert J. Cupina, Deputy Director, Office of Pipeline and Producer Regulation. Accordingly, 18 CFR part 157 is amended as follows: PART 157--[AMENDED] 1. The authority citation for part 157 continues to read as follows: Authority: 15 U.S.C. 717-717w, 3301-3432; 42 U.S.C. 7101-7352. Sec. 157.208 [Amended] 2. Table I in Sec. 157.208(d) is revised to read as follows: Table I ------------------------------------------------------------------------ Limit --------------------------- Auto. Prior notice Year project cost project cost limit (col. limit (col. 1) 2) ------------------------------------------------------------------------ 1982........................................ $4,200,000 $12,000,000 1983........................................ 4,500,000 12,800,000 1984........................................ 4,700,000 13,300,000 1985........................................ 4,900,000 13,800,000 1986........................................ 5,100,000 14,300,000 1987........................................ 5,200,000 14,700,000 1988........................................ 5,400,000 15,100,000 1989........................................ 5,600,000 15,600,000 1990........................................ 5,800,000 16,000,000 1991........................................ 6,000,000 16,700,000 1992........................................ 6,200,000 17,300,000 1993........................................ 6,400,000 17,700,000 1994........................................ 6,600,000 18,100,000 ------------------------------------------------------------------------ Sec. 157.215 [Amended] 3. Table II in Sec. 157.215(a) is revised to read as follows: Table II ------------------------------------------------------------------------ Year Limit ------------------------------------------------------------------------ 1982...................................................... $2,700,000 1983...................................................... 2,900,000 1984...................................................... 3,000,000 1985...................................................... 3,100,000 1986...................................................... 3,200,000 1987...................................................... 3,300,000 1988...................................................... 3,400,000 1989...................................................... 3,500,000 1990...................................................... 3,600,000 1991...................................................... 3,800,000 1992...................................................... 3,900,000 1993...................................................... 4,000,000 1994...................................................... 4,100,000 ------------------------------------------------------------------------ [FR Doc. 94-2895 Filed 2-8-94; 8:45 am] BILLING CODE 6717-01-P