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.
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.