[Federal Register Volume 61, Number 120 (Thursday, June 20, 1996)]
[Notices]
[Pages 31513-31514]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-15652]
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DEPARTMENT OF ENERGY
[Docket No. ER96-1724-000]
SDS Petroleum Products, Incorporated; Notice of Issuance of Order
June 13, 1996.
SDS petroleum Products, Incorporated (SDS) submitted for filing a
rate schedule under which SDS will engage in wholesale electric power
and energy transactions as a marketer. SDS also requested waiver of
various Commission regulations. In particular, SDS requested that the
Commission grant blanket approval under 18 CFR Part 34 of all future
issuances of securities and assumptions of liability by SDS.
On June 6, 1996, pursuant to delegated authority, the Director,
Division of Applications, Office of Electric Power Regulation, granted
requests for blanket approval under Part 34, subject to the following:
Within thirty days of the date of the order, any person desiring to
be heard or to protest the blanket approval of
[[Page 31514]]
issuances of securities or assumptions of liability by SDS should file
a motion to intervene or protest with the Federal Energy Regulatory
Commission, 888 First Street, N.E., Washington, D.C. 20426, in
accordance with Rules 211 and 214 of the Commission's Rules of Practice
and Procedure (18 CFR 385.211 and 385.214).
Absent a request for hearing within this period, SDS is authorized
to issue securities and assume obligations or liabilities as a
guarantor, indorser, surety, or otherwise in respect of any security of
another person; provided that such issuance or assumption is for some
lawful object within the corporate purposes of the applicant, and
compatible with the public interest, and is reasonably necessary or
appropriate for such purposes.
The Commission reserves the right to require a further showing that
neither public nor private interests will be adversely affected by
continued approval of SDS's issuances of securities or assumptions of
liability.
Notice is hereby given that the deadline for filing motions to
intervene or protests, as set forth above, is July 8, 1996.
Copies of the full text of the order are available from the
Commission's Public Reference Branch, 888 First Street, N.E.
Washington, D.C. 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 96-15652 Filed 6-19-96; 8:45 am]
BILLING CODE 6717-01-M
