[ News Release picture montage ]

For Immediate Release: December 21, 2004
Media Contact: Rob Schlichting - 916-654-4989

Energy Commission seeks petroleum industry comments on new reporting requirements


Sacramento - In 2005, changes will take effect in the requirements for the petroleum industry to report production levels, inventory levels and other data to California under the Petroleum Industry Information Reporting Act (PIIRA).

The new regulations require fuel importers, terminal operators, fuel storage and delivery companies to provide the California Energy Commission with information on crude oil and petroleum product receipts, shipments and inventory. Data also will be gathered on imports and exports, shipments and prices for crude oil, motor fuels and motor-fuel blending components.

Why: The information will be used to help plan for the State's fuel supply and infrastructure needs. It will allow the Energy Commission to monitor the supply and price of transportation fuels and to explain disruptions that may have adverse effects on the State's economy or environment. The regulations are similar to federal regulations concerning crude oil and petroleum industry reporting requirements. California, however, has unique fuel specifications that are not reflected in federal reports.

What: The Energy Commission is seeking comments on the new reporting requirements. The new regulations can be downloaded from the Energy Commission's website at

www.energy.ca.gov/oil/piira/documents

Who: Crude oil and Petroleum industry members

When: Written comments on the amendments to existing PIIRA regulations will be received until January 18, 2005. The new rules are slated to take effect in 2005.

Where: Reviewers should send their written comments, titled "Docket Number 02-PII-01," by mail, e-mail or FAX to:

California Energy Commission
Docket Unit
1516 Ninth Street, MS-4
Sacramento, California 96814
E-mail: docket@energy.state.ca.us
FAX: 916-654-4365

At present, no public hearings are scheduled on the PIIRA amendments. The Energy Commission will hold a hearing, however, if it receives a written request for one no later than January 3, 2005, 15 days before the close of the written commend period.

# # #



| News Releases Main Page | Commission Homepage | Site Index | Search Site | Links | Glossary | Contact Us |