Title 42The Public Health and WelfareRelease 119-73

§17302 Prohibition on false information

Title 42 › Chapter CHAPTER 152— - ENERGY INDEPENDENCE AND SECURITY › Subchapter SUBCHAPTER VII— - IMPROVED MANAGEMENT OF ENERGY POLICY › Part Part B— - Prohibitions on Market Manipulation and False Information › § 17302

Last updated Apr 6, 2026|Official source

Summary

People may not give a federal agency wholesale price information about crude oil, gasoline, or petroleum distillates if three things are true: they knew or should have known the information was false, they were legally required to report it, and they meant the false data to change the agency’s market statistics or analysis.

Full Legal Text

Title 42, §17302

The Public Health and Welfare — Source: USLM XML via OLRC

It is unlawful for any person to report information related to the wholesale price of crude oil 11 So in original. A comma probably should appear. gasoline or petroleum distillates to a Federal department or agency if—
(1)the person knew, or reasonably should have known, the information to be false or misleading;
(2)the information was required by law to be reported; and
(3)the person intended the false or misleading data to affect data compiled by the department or agency for statistical or analytical purposes with respect to the market for crude oil, gasoline, or petroleum distillates.

Legislative History

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Effective Date

Section effective on the date that is 1 day after Dec. 19, 2007, see section 1601 of Pub. L. 110–140, set out as a note under section 1824 of Title 2, The Congress.

Reference

Citations & Metadata

Citation

42 U.S.C. § 17302

Title 42The Public Health and Welfare

Last Updated

Apr 6, 2026

Release point: 119-73