Supplemental Review of the Oil Pipeline Index Level

The Federal Energy Regulatory Commission (Commission) proposes to amend the index level used to determine annual changes to oil pipeline rate ceilings following the decision of the United States Court of Appeals for the District of Columbia Circuit in Liquid Energy Pipeline Association v. FERC. In place of the index level established by order issued December 17, 2020, in Docket No. RM20-14-000, the Commission proposes to use the Producer Price Index for Finished Goods (PPI-FG) minus 0.21% as the prospective index level for the remainder of the five-year period that began July 1, 2021. The Commission invites interested persons to submit comments regarding this proposal.