98-7785. Molz Oil Company; Notice of Petition for Adjustment and Request for Extension of Time  

  • [Federal Register Volume 63, Number 57 (Wednesday, March 25, 1998)]
    [Notices]
    [Page 14452]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-7785]
    
    
    -----------------------------------------------------------------------
    
    DEPARTMENT OF ENERGY
    
    Federal Energy Regulatory Commission
    [Docket No. SA98-44-000]
    
    
    Molz Oil Company; Notice of Petition for Adjustment and Request 
    for Extension of Time
    
    March 19, 1998.
        Take notice that on March 9, 1998, Molz Oil Company (Molz) filed a 
    petition, pursuant to section 502(c) of the Natural Gas Policy Act of 
    1978 (NGPA), for an adjustment of the Commission's refund procedures 
    [15 U.S.C. 3142(c)(1982)] with respect to Molz's Kansas ad valorem tax 
    refund liability. Molz's petition is on file with the Commission and 
    open to public inspection.
        The Commission's September 10, 1997, order on remand from the D.C. 
    Circuit Court of Appeals,\1\ in Docket No. RP97-369-000, et al.,\2\ 
    directed first sellers to make Kansas ad valorem tax refunds, with 
    interest, for the period from 1983 to 1988. The Commission clarified 
    the refund procedures in its Order Clarifying Procedures [82 FERC para. 
    61,059 (1988)], stating therein that producers [first sellers] could 
    request additional time to establish the uncollectability of royalty 
    refunds, and that first sellers may file requests for NGPA section 
    502(c) adjustment relief from the refund requirement and the timing and 
    procedures for implementing the refunds, based on their individual 
    circumstances.
    ---------------------------------------------------------------------------
    
        \1\ Public Service Company of Colorado v. FERC, 91 F.3d 1478 
    (D.C. Cir. 1996), cert. denied, 65 U.S.L.W. 3751 and 3754 (May 12, 
    1997) (Nos. 96-954 and 96-1230).
        \2\ See 80 FERC para. 61,264 (1997); order denying reh'g, 82 
    FERC para. 61,058 (1998).
    ---------------------------------------------------------------------------
    
        Molz requests, on behalf of first sellers for whom it operated 
    (First Sellers), that the Commission: (1) Extend the time by 90 days 
    from March 9, 1998, in which to obtain the necessary documents and 
    information to determine if the amount of refund set forth in the 
    Statement of Refunds Due [SRD] received from Panhandle Eastern Pipe 
    Line Company [Docket No. RP98-40-000] is correct and to reach an 
    agreement on the amount before submitting the dispute to the 
    Commission; and (2) grant an adjustment to its procedures to allow 
    First Sellers to place into an escrow account the disputed amount of 
    the refund, and, after the resolution of the dispute, retain in the 
    account (i) principal and interest on amounts attributable to 
    production prior to October 4, 1983, and (ii) interest on all 
    reimbursed principal amounts determined to be refundable as being in 
    excess of maximum lawful prices (excluding interest retained under (i) 
    above). Molz also requests a determination that it is liable solely for 
    its proportionate share of the tax refunds.
        Any person desiring to be heard or to make any protest with 
    reference to said petition should on or before 15 days after the date 
    of publication in the Federal Register of this notice, file with the 
    Federal Energy Regulatory Commission, 888 First Street, N.W., 
    Washington, D.C. 20426, a motion to intervene or a protest in 
    accordance with the requirements of the Commission's Rules of Practice 
    and Procedure (18 CFR 385.214, 385.211, 385.1105, and 385.1106). All 
    protests filed with the Commission will be considered by it in 
    determining the appropriate action to be taken but will not serve to 
    make the protestants parties to the proceeding. Any person wishing to 
    become a party to a proceeding or to participate as a party in any 
    hearing therein must file a motion to intervene in accordance with the 
    Commission's Rules.
    David P. Boergers,
    Acting Secretary.
    [FR Doc. 98-7785 Filed 3-24-98; 8:45 am]
    BILLING CODE 6717-01-M
    
    
    

Document Information

Published:
03/25/1998
Department:
Federal Energy Regulatory Commission
Entry Type:
Notice
Document Number:
98-7785
Pages:
14452-14452 (1 pages)
Docket Numbers:
Docket No. SA98-44-000
PDF File:
98-7785.pdf