Coalition of Oil Pipeline Customers Petitions FERC for Rulemaking to Improve Transparency of Pipeline Financial Reporting and Get Better Handle on Rates

摘要

On April 20, a broad coalition of oil pipeline customers - representing the producer, marketer, and end user sectors - petitioned FERC to initiate a Notice of Proposed Rulemaking (NOPR) (RM15-19) to reform the regulations governing how pipeline owners disclose the financial parameters of their operations. The filing advocates these fundamental changes: ? Revising page 700 of FERC Form No. 6 (Annual Report of Oil Pipeline Companies) to "enhance crude oil and petroleum product pipeline financial reporting transparency"; and ? Making page 700 workpapers of the carriers available to shippers and other interested parties upon request.