🛢️Department of Energy Notice on Petroleum Supply Reporting Extension
Agency Information Collection Proposed Extension
Summary
EIA invites public comment on the proposed three-year extension, with changes, to the Petroleum Supply Reporting System (PSRS), as required under the Paperwork Reduction Act of 1995. The PSRS consists of six weekly surveys that make up the Weekly Petroleum Supply Reporting System (WPSRS), eight monthly surveys that make up the Monthly Petroleum Supply Reporting System (MPSRS), and one annual survey.
Agencies
- Energy Department
- Energy Information Administration
Business Impact
$$ - Med
The notice indicates a proposed extension of the Petroleum Supply Reporting System, which requires compliance from businesses operating in the energy sector. Businesses must consider the potential changes in reporting requirements and the associated compliance costs, as highlighted by the estimated reporting and recordkeeping cost burden of $17,638,313.