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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 1.23 percent adjustment for the period July 1, 2016 through July 2021. (RM15-20-000 ).

The issued indexes for each index year are:

Index Year

Multiplier to Use

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.

This page was last updated on June 20, 2020