Interestingly the PO of my truck installed a brand new, non-OEM mechanical fuel pump, but without the spacer. It still has the yellow caps on the input and output. I suppose the install was messed up and that's why he installed the electric fuel pump.
You should be able to see an electric fuel pump mounted somewhere most likely to the left of the engine block with electric wires running to and from plus the fuel line. As far as running the electric pump, it is definitely not cool, but my mechanic told me to go ahead and keep running it for now given the low psi. If it were running above 8 he said he would go back to the mechanical pump immediately due the pressure issue pointed out by @OSS. I fully intend to go back to the mechanical pump, but I've had to put some cash into it (new plugs, choke cable, exhaust manifold seals, cat, muffler, exhaust pipe, etc.) to get it running smooth and to pass smog. Good news is that it passed smog today! I can finally get it registered. Never move to California by the way....