Recent Highlights
January 20, 2022
- FERC Revises Five-Year Oil Pipeline Price Index (RM20-14-001) News Release | Order on Rehearing
December 17, 2020
- Item G-1: Staff Presentation on Five-Year Review of the Oil Pipeline Index (RM20-14-000) News Release | Staff Presentation | Order
June 18, 2020
- Item G-1: FERC Issues Notice of Inquiry on Five-Year Review of the Oil Pipeline Index News Release | NOI
Indexing Methodology - Indices to be Used:
The Commission's regulations (at 18 C.F.R. § 342.3) include a methodology for oil pipelines to change their rates through use of an index system that establishes ceiling levels for such rates. The mandatory five year review issued on January 20, 2022, has revised the methodology for this index to now be based on Producer Price Index for Finished Goods (PPI-FG)-0.21% adjustment for the period July 1, 2021 to June 30, 2026 (RM20-14-001).
The issued indexes for each index year are:
| Index Year | Multiplier to Use |
|---|---|
| July 1, 2023 June 30, 2024 | 1.133194 |
| July 1, 2022 to June 30, 2023 | 1.087107 |
| July 1, 2021 to June 30, 2022 | 0.984288 Notice | Errata | Order on Rehearing |
| July 1, 2020 to June 30, 2021 | 1.020139 |
| July 1, 2019 to June 30, 2020 | 1.043108 |
| July 1, 2018 to June 30, 2019 | 1.044087 |
| July 1, 2017 to June 30, 2018 | 1.001985 |
| July 1, 2016 to June 30, 2017 | 0.979865 |
| July 1, 2015 to June 30, 2016 | 1.045829 |
| July 1, 2014 to June 30, 2015 | 1.038858 |
| July 1, 2013 to June 30, 2014 | 1.045923 |
| July 1, 2012 to June 30, 2013 | 1.086011 |
| July 1, 2011 to June 30, 2012 | 1.068819 |
| July 1, 2010 to June 30, 2011 | 0.987026 |
| July 1, 2009 to June 30, 2010 | 1.076025 |
| July 1, 2008 to June 30, 2009 | 1.051653 |
| July 1, 2007 to June 30, 2008 | 1.043186 |
| July 1, 2006 to June 30, 2007 | 1.061485 |
| July 1, 2005 to June 30, 2006 | 1.036288 |
| July 1, 2004 to June 30, 2005 | 1.031677 |
| July 1, 2003 to June 30, 2004 | 0.987207 |
| July 1, 2002 to June 30, 2003 | 1.019565 |
| July 1, 2001 to June 30, 2002 | 1.037594 |
| July 1, 2000 to June 30, 2001 | 1.007598 |
| July 1, 1999 to June 30, 2000 | 0.981654 |
| July 1, 1998 to June 30, 1999 | 0.993808 |
| July 1, 1997 to June 30, 1998 | 1.016583 |
| July 1, 1996 to June 30, 1997 | 1.009124 |
| July 1, 1995 to June 30, 1996 | 0.996415 |
| January 1, 1995 to June 30, 1995 | 1.002175 |
History: The index is based on the annual change in the Producer Price Index for Finished Goods (PPI-FG), minus one percentage point, for the years 1995 through 2000.
Starting on July 1, 2001 the methodology was changed to the Producer Price Index for finished Goods (PPI-FG). The regulations provide that each year the Commission will publish the oil pipeline index after the PPI-FG becomes available.