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Oil Pipeline Index
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 has revised the methodology for this index to now be based on Producer Price Index for Finished Goods (PPI-FG), plus 1.3 percent adjustment for the period July 1, 2006 through July 2011 Decision  .
The
issued indexes for each index year are:
| Index Year |
Multiplier to Use |
| 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.
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