Frequent Questions

Outstanding gasoline exchange balances are commonly closed out between trading partners on an accounting basis because they are too small for an economic physical shipment. These "book transfers" do not in themselves cause the transportation or storage of

The PTD requirements refer only to the transferring of custody or title of any reformulated gasoline, RBOB, or conventional gasoline. If these "book transfers" involve the transferring of custody or title of such fuels then the PTD requirements would be applicable. The PTD information could be included on whatever documents are currently being used to memorialize these transactions for business reasons.(7/1/94)

This question and answer is posted at The original was posted in the Q&A posted on 7/1/94 which can found at" See Question ID 3857 for RFG (Taken from the first question on
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