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 2.65 percent adjustment for the period July 1, 2011 through July 2016 (RM10-25-000 ).

The issued indexes for each index year are:

Index Year	Multiplier to Use
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.