[Federal Register Volume 60, Number 220 (Wednesday, November 15, 1995)]
[Notices]
[Pages 57413-57416]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-28195]
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DEPARTMENT OF ENERGY
Office of Hearings and Appeals
Determination of Excess Petroleum Violation Escrow Funds for
Fiscal Year 1996
Agency: U.S. Department of Energy, Office of Hearings and Appeals
Action: Notice of Determination of Excess Monies Pursuant to the
Petroleum Overcharge Distribution and Restitution Act of 1986.
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Summary: The Petroleum Overcharge Distribution and Restitution Act of
1986 requires the Secretary of Energy to determine annually the amount
of oil overcharge funds held in escrow that is in excess of the amount
needed to make restitution to injured parties. Notice is hereby given
that $19,800,470 of the amounts currently in escrow is determined to be
excess funds for fiscal year 1996. Pursuant to the statutory directive,
these funds will be made
[[Page 57414]]
available to state governments for use in specified energy conservation
programs.
For Further Information Contact: Thomas O. Mann, Deputy Director, Roger
Klurfeld, Assistant Director, Office of Hearings and Appeals, U.S.
Department of Energy, 1000 Independence Avenue, SW., Washington, DC
20585, (202) 586-2094 [Mann]; (202) 586-2383 [Klurfeld].
Supplementary Information: The Petroleum Overcharge Distribution and
Restitution Act of 1986 (hereinafter PODRA), contained in Title III of
the Omnibus Budget Reconciliation Act of 1986, Pub. L. No. 99-509,
establishes certain procedures for the disbursement of funds collected
by the Department of Energy (hereinafter DOE) pursuant to the Emergency
Petroleum Allocation Act of 1973 (hereinafter EPAA) or the Economic
Stabilization Act of 1970 (hereinafter ESA). These funds, commonly
referred to as oil overcharge funds, are monies obtained through
enforcement actions instituted to remedy actual or alleged violations
of those Acts.
PODRA requires the DOE, through the Office of Hearings and Appeals
(hereinafter OHA), to conduct proceedings under 10 CFR Part 205,
Subpart V, to accept claims for restitution from the public and to
refund oil overcharge monies to persons injured by violations of the
EPAA or the ESA. In addition, PODRA requires the Secretary of Energy to
determine annually the amount of oil overcharge funds that will not be
required for restitution to injured parties in these refund proceedings
and to make this excess available to state governments for use in four
energy conservation programs. This determination must be published in
the Federal Register within 45 days after the beginning of each fiscal
year. The Secretary has delegated this responsibility to the OHA
Director.
Notice is hereby given that based on the best currently available
information, $19,800,470 is in excess of the amount that is needed to
make restitution to injured parties.
To arrive at that figure, the OHA has reviewed all accounts in
which monies covered by PODRA are deposited. PODRA generally covers all
funds now in DOE escrow which are derived from alleged violations of
the EPAA or the ESA, with certain exclusions. Excluded are funds which
(1) have been identified for indirect restitution in orders issued
prior to enactment of PODRA; (2) have been identified for direct
restitution in a judicial or administrative order; or (3) are
attributable to alleged violations of regulations governing the pricing
of crude oil and subject to the settlement agreement in In re The
Department of Energy Stripper Well Exemption Litigation, M.D.L. No. 378
(D. Kan., July 7, 1986). As of September 30, 1995, the total in escrow
subject to the PODRA procedures was $142,608,733.
The OHA has employed the following methodology to determine the
amount of excess funds. We took special account of the provision of
PODRA which directs that ``primary consideration [be given] to assuring
that at all times sufficient funds (including a reasonable reserve) are
set aside for making [direct] restitution.'' Thus, in proceedings in
which refund claims are pending, we have on a claim-by-claim basis
examined pending claims and established reserves sufficient to pay the
entire amount of these claims. The reserves also include all refunds
ordered by the OHA since the end of the last fiscal year on September
30, 1995, but not yet paid. For proceedings in which all claims have
been considered or in which no claims have been filed, and the deadline
for filing claims has passed, all funds remaining are excess. Small
amounts of interest accrued, until transfer, on funds in accounts that
were closed (with a zero balance) in the fiscal year 1995 PODRA
determination (59 F.R. 56485 (1994)) are included as part of the
``excess'' for fiscal year 1996. Finally, a relatively small amount of
oil overcharge funds is currently subject to the control of the
Department's Office of General Counsel, which finds in its accompanying
determination, as it has found in the past, that none of those funds
are currently excess. No ``other commitments'' are reflected in the
reserves.
As indicated above, the total escrow account equity subject to
PODRA is $142,608,733. The total amount needed as reserves for direct
restitution in those cases is $122,808,263. When this figure is
subtracted from the former, the remainder--$19,800,470--is the amount
in fiscal year 1996 that is ``in excess'' of the amount that will be
needed to make restitution to injured persons. Appendix A sets forth
for each refund case within the OHA's jurisdiction the total amount
eligible for distribution under PODRA and the ``excess'' amount.
Appendix B reflects information supplied by the Office of General
Counsel regarding cases subject to PODRA under its jurisdiction.
Accordingly, $19,800,470 will be transferred to a separate account
within the United States Treasury and made available to the States for
use in the four designated energy conservation programs in the manner
prescribed by PODRA.
Dated: November 8, 1995.
George B. Breznay,
Director Office of Hearings and Appeals.
Appendix A: Excess Amount Available in Fiscal Year 1996
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Equity as of
Name OHA Case No. Consent Order No. Sept. 30, 1995 Amount available
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Texaco Inc............................. KEF-0119 RTXE006A1Z $32,846,164.95 12,000,000.00
Tesoro Petroleum Corp.................. KEF-0128 BUBBBBBBBB 6,342,036.67 3,000,000.00
Enron Corporation...................... KEF-0116 730V00221Z 24,291,974.49 3,000,000.00
Eason Oil Company...................... LEF-0040 740S01314Z- 6,272,562.76 1,000,000.00
Cumberland Farms Dairy Inc............. LEF-0068 120K00497T 201,355.38 201,355.38
N C Ginther Company.................... LEF-0060 710V03022T 159,226.03 159,226.03
Dalco Petroleum........................ HEF-0060 660T00642Z 99,639.84 99,639.84
Marathon Petroleum Co.................. KEF-0021 RMNA00001Z 59,045.52 59,045.52
Sunset Blvd Car Wash................... LEF-0091- 999K90113T 57,375.27 57,375.27
General Equities, Inc.................. HEF-0078 110H00527Z 39,236.78 39,236.78
Mockabee Gas & Fuel Co................. VEF-0001 311H00342W 81,297.41 20,324.35
Murphy Oil Corporation................. KEF-0095 RMUH01983Z 9,950.20 9,950.20
Regalia's Chevron Service.............. LEF-0102 999K90110T- 9,766.38 9,766.38
Joe Berube Services.................... LEF-0099 999K90101T 9,113.80 9,113.80
Weber's Chevron Service................ LEF-0108 999K90119T 8,790.34 8,790.34
Hughes Burlingame Shell................ LEF-0110 999K90100T 8,003.59 8,003.59
Tenth Street Chevron................... LEF-0104 999K90115T 7,798.94 7,798.94
[[Page 57415]]
McDowell Exxon......................... LEF-0100 999K90104T 7,689.72 7,689.72
Elwood Chevron Service................. LEF-0085 999K90098T 7,589.88 7,589.88
Starr Union Service.................... LEF-0103 999K90067T 7,442.32 7,442.32
Ed Gularte Chevron..................... LEF-0098 999K90095T 6,851.21 6,851.21
Cutting Shell Service.................. LEF-0097 999K90091T 5,290.83 5,290.83
C J King Chevron....................... LEF-0109 999K90089T 5,258.44 5,258.44
Aptos Shell............................ LEF-0092 999K90083T 5,040.57 5,040.57
Tom's Coffee Tree Chevron.............. LEF-0105 999K90116T 4,943.13 4,943.13
Bill Wren's Shell...................... LEF-0096 999K90087T 4,796.80 4,796.80
Petaluma Standard Service.............. LEF-0101 999K90106T 4,380.14 4,380.14
Walt's Shell........................... LEF-0107 999K90118T 3,912.92 3,912.92
Strasburger Enterprises,Inc............ LEF-0014 400H00219Z 3,796.68 3,796.68
Redhill Mobil and Towing............... LEF-0088 999K90109T 3,788.35 3,788.35
Quintana Energy Corp. et al............ KEF-0131 650X00356Z 3,656.30 3,656.30
Ben's Exxon Service.................... HEF-0512 999K90085T 3,356.74 3,356.74
A-1 Exxon.............................. HEF-0509 999K90080T 3,294.57 3,294.57
Berryesse Chevron...................... LEF-0095 999K90086T 3,221.20 3,221.20
Sandusky's Union Service............... LEF-0111 999K90068T 3,136.18 3,136.18
Skycrest Shell......................... LEF-0112 999K90112T 2,470.19 2,470.19
Reinauer Petroleum Company Inc......... KEF-0110 240H00492Z 2,360.61 2,360.61
Wallace Arco Service................... LEF-0106 999K90117T 2,269.03 2,269.03
Agway, Inc............................. KEF-0102 RTYA00001Z 2,107.89 2,107.89
Half Moon Bay Exxon.................... LEF-0087 999K90099T 2,063.25 2,063.25
Ed's Exxon............................. LEF-0078 999K90097T 2,063.25 2,063.25
Bob's Broadway......................... LEF-0075 900Z40056T 1,732.74 1,732.74
Alameda Chevron........................ LEF-0093 999K90081T 1,608.89 1,608.89
Milbrae Shell.......................... LEF-0079 900Z06293T 1,453.94 1,453.94
Miles Union Service.................... LEF-0083 900Z03258T 997.58 997.58
Ron's Shell............................ LEF-0084 900Z10251T 954.83 954.83
Alameda Chevron........................ LEF-0093 900Z06251T 881.07 881.07
Quantum Chemical Corporation........... LEF-0011 720V01245Z 540.05 540.05
Clearview Gulf......................... LEF-0076 640Z00670T 493.44 493.44
Buchanan Shell Inc..................... LEF-0081 900Z10250T 464.13 464.13
Crescent Oil Company................... LEF-0044 930H00094Z 262.89 262.89
Bob Hutchinson, Inc.................... LEF-0080 900Z02252T 224.82 224.82
Jim Campbell Shell..................... LEF-0082 900Z03255T 160.55 160.55
Automatic Comfort Corp................. LEF-0005 110H00519A 81.22 81.22
Pete Alijian Chevron................... LEF-0089 999K90062T 56.77 56.77
Shaw & 99 Chevron...................... LEF-0090 999K90061T 46.91 46.91
Indian Wells Oil Company............... KEF-0103 710V02002Z 44.97 44.97
Beacon Oil Co.......................... HEF-0203 910S00008Z 13.47 13.47
Exxon Corporation...................... KEF-0087 REXL00201Z 12.22 12.22
Mobil Oil Corporation.................. HEF-0508 RMOA00001Z 9.98 9.98
Edgington Oil Company.................. KEF-0003 930S00173Z 7.25 7.25
Aminoil U.S.A., Inc.................... HEF-0007 740V01259Y 5.40 5.40
Starks Shell Service................... LEF-0034 999K90065Z 0.99 0.99
Fuel Oil Supply & Terminaling.......... LEF-0037 650X00284Z 0.90 0.90
Fletcher Oil & Refining Comp........... LEF-0010 960S00100Z 0.84 0.84
Pester Marketing Company............... KEF-0134 730S01236Z 0.82 0.82
Wallace & Wallace...................... HEF-0190 240H00399Z 0.71 0.71
United Refining Company................ KEF-0132 340S00445Z 0.69 0.69
Northeast Petrol Industry Corp......... HEF-0580 6C0X00241Z 0.68 0.68
Crown Central Petroleum Corp........... KEF-0044 RCWA00000Z 0.68 0.68
John R. Adams.......................... .............................. 660H00060Z 0.62 0.62
West Coast Oil Company................. KEF-0142 961S00028Z 0.59 0.59
Sauvage Gas Service Co., Inc........... KEF-0024 710H06008Z 0.54 0.54
Thomas P. Reidy, Inc................... KEF-0137 720H06015Z 0.49 0.49
South Hampton Refining................. HEF-0222 6E0S00002Z 0.49 0.49
Paul Invests & A.B. Holding Co......... LEF-0006 400H00231Z 0.36 0.36
True Oil Company....................... HEF-0557 733V02019Z 0.34 0.34
Meadows Realty Company................. KEF-0133 910S00001Z 0.21 0.21
Elias Oil Company...................... KEF-0022 412H00105Z 0.21 0.21
Diamond Industries, Inc................ KEF-0130 320H00097Z 0.12 0.10
Witco Chemical Corp.................... HEF-0227 240S00054Z 821,970.84 ................
Vessels Gas Processing, Ltd............ VEF-0007 740V01387W 2,199,706.37 ................
Vermont Morgan Corp.................... LEF-0072 110H00514T 22,282.76 ................
SOS Monarch Oil Corp................... LEF-0066 240H00498T 6,483.36 ................
Skinney's Inc.......................... LEF-0071 400H00227T 17,583.72 ................
Shell Oil Company...................... KEF-0093 RSHA00001Z 5,109,102.39 ................
Reco Petroleum Inc..................... LEF-0065 320H00304T 29,094.44 ................
Permian Corporation.................... LEF-0035 650X00246T 1,448,669.60 ................
[[Page 57416]]
Oasis Petroleum Corp................... LEF-0007 940X00217Z 1,958,919.08 ................
Metropolitan Petroleum Co., Inc........ LEF-0032 412H00171Z 31,791.08 ................
Maxwell Oil Co......................... HEF-0125 000H00425Z 16,989.66 ................
MacMillan Oil Company, Inc............. LEF-0046 730T00031Z 776,412.71 ................
Lampton-Love Inc....................... LEF-0070 422T00013T 14,268.26 ................
Kickapoo Oil........................... LEF-0069 570H00214T 44,856.57 ................
Kenny Larson Oil Co.................... HEF-0104 000H00439W 16,698.27 ................
Jedco Inc.............................. VEF-0024 421K00107W 3,900.40 ................
Jaguar Petroleum Inc................... LEF-0059 640X00444T 70,892.67 ................
Intercoastal Oil Co.................... LEF-0057 940X00076T 31,808.81 ................
Hudson Oil Co., Inc.................... VEF-0011 740S01258W 8,302,081.45 ................
Houston/Pasadena Apache Oil Corp....... VEF-0022 BJBBBBBBBB 17,586.84 ................
Houma Oil Co........................... VEF-0023 640H10422W 389,866.49 ................
Gulf States Oil & Refining............. LEF-0073 6E0S00057T 549,574.45 ................
Gulf Oil Corporation................... HEF-0590 RGFA00001Z 4,616,812.65 ................
Gratex/Compton Corp.................... VEF-0012 6A0X00340W 2,395,517.65 ................
Good Hope Refineries Inc............... HEF-0211 150S00154Z 3,580,301.02 ................
Getty Oil Company...................... HEF-0209 RGEA00001Z 5,869,839.59 ................
General Petroleum...................... LEF-0064 550H00075T 25,344.63 ................
G & G Oil Company...................... LEF-0063 550H00332T 53,962.59 ................
Este Oil Company....................... LEF-0062 533H00163T 69,281.20 ................
Empire Gas Corporation................. KEF-0048 720T00521Z 494,691.10 ................
E-Z Service Inc........................ LEF-0077 400H00220T 304,476.24 ................
Crude Oil Purchasing Inc............... LEF-0058 6A0X00269T 103,042.97 ................
Capitol 66 Oil Company................. LEF-0067 422H00238T 17,327.19 ................
Bell Fuels Inc......................... LEF-0061 570H00195T 37,338.80 ................
Beacon Bay Enterprises, Inc............ LEF-0074 999K90120T 83,189.99 ................
Atlantic Richfield Co (Arco)........... HEF-0591 RARH00001Z 18,324,396.18 ................
AOC Acquisition Corporation............ LEF-0003 RCKH016A1Z 9,164,609.23 ................
Anchor Gasoline Corporation............ KEF-0120 740S01247Z 4,973,880.63 ................
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Total.............................. .............................. ........................................... 142,608,733.83 - 19,800,470.00
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Department of Energy,
Washington, DC 20585, October 31, 1995.
MEMORANDUM FOR: George B. Breznay, Director, Office of Hearings and
Appeals.
FROM: Bill J. Eaton, Director, Office of Administration, Office of
General Counsel.
SUBJECT: GC input for the PODRA section 3003 (c) report.
My office has reviewed the funds held in escrow as of September
30, 1995, which have not been petitioned under Subpart V. The
purpose of the review was to identify funds held in escrow in excess
of the amounts required to effect restitution to persons or classes
of persons in accordance with Section 3003 (b)(1) of the Petroleum
Overcharge Distribution and Restitution Act of 1986 (PODRA). Since
the amount of funds which will be available and the extent of claims
which will be filed are not known, the funds currently on deposit in
the escrow accounts we reviewed are not excess funds for the
purposes of PODRA.
[FR Doc. 95-28195 Filed 11-9-95; 3:58 pm]
BILLING CODE 6450-01-P
