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The BRAG Rating System is primarily utilized for evaluating tank status, particularly in the context of fuel management and handling. This system allows operators to assess and categorize the condition and operational readiness of fuel storage tanks based on various criteria. The acronym "BRAG" stands for specific categories that reflect different aspects of tank evaluation, such as Health (B), Risk (R), Assets (A), and Growth (G). By using the BRAG Rating System, fuel handlers can ensure safe operation, compliance with regulations, and efficient management of fuel supplies, ultimately enhancing safety and productivity in fuel storage environments.

Options focusing on fuel pricing, assessing storage space, or monitoring weather conditions do not capture the specific purpose of the BRAG Rating System, which is centered on the condition of tanks rather than these other factors.