The Federal Trade Commission seeks an
additional three-year clearance for the information collection
requirements in its Fuel Rating Rule (or Rule). This Rule
establishes standard procedures for determining, certifying, and
disclosing the octane rating of automotive gasoline and the
automotive fuel rating of alternative liquid automotive fuels, as
required by the Petroleum Marketing Practices Act. 15 U.S.C.
2822(a)-(c). The Rule also requires refiners, producers, importers,
distributors, and retailers to retain records showing how the
ratings were determined, including delivery tickets or letters of
certification.
There is a slight adjustment
downward for the estimated annual hours of burden (from 33,052
hours in 2017 down to 32,907 hours in 2020) and the annual labor
costs (from $390,430 in 2017 down to $389,646 in 2020). This is
attributable to a slight drop in covered entities for purposes of
recordkeeping (161,000 fuel industry members in 2020 and 162,000 in
2017) and slight decrease in the number of entities affected by
disclosure requirements (155,920 member retailers in 2020 and
156,418 member retailers in 2017). As set out in the supporting
statement, only 1/8 of the member retailers are subject to the
disclosure requirements in an individual year.
$25,000
No
No
No
No
No
No
No
Hampton Newsome 202 326-2889
hnewsome@ftc.gov
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.