EPA v. Magellan Asset Services
Final Order With Penalty
Case summary
This case involves the use by Magellan Asset Services, L.P.( Magellan ) of 11,780 invalid Renewable Identification Numbers (RINs) to meet its renewable volume obligation (RVO) under the Renewable Fuel Standards (RFS), promulgated under the Clean Air Act (CAA). The (RFS) program requires producers or importers of renewable fuel to generate fuel credits, known as RINs, in proportion to the amount and type of renewable fuel they produced or imported. The RFS Program also requires that non-renewable fuel refiners and importers, known as obligated parties, and renewable fuel exporters obtain valid RINs and retire those RINs each year by submitting them to the EPA. Congress adopted the RFS Program to reduce the nation's dependence on foreign oil, help grow the nation's renewable energy industry and achieve significant greenhouse gas emissions reductions. The EPA is charged with developing the RFS program and enforcing its requirements. As part of the settlement with EPA, Magellan paid a $1,178 civil penalty. In addition, Magellan removed the invalid RINs from all applicable RFS2 annual compliance reports, replaced the RINs that were needed to meet its RVO, and resubmitted corrected reports to EPA. For more information, see the RFS webpage at http://www2.epa.gov/enforcement/civil-enforcement-renewable-fuel-standard-program.
Defendants (1)
- Magellan Asset Services, L.P.Named in complaintNamed in settlement
Facilities (1)
MAGELLAN ASSET SERVICES LP
ONE WILLIAMS CENTER, TULSA, OK, 741212186
Registry ID: 110060345782
Statutes cited
- CAA 211 — Regulation of Fuels - Motor Vehicle and Engine Fuels
Enforcement conclusions (1)
Magellan Asset Servicesentered 2014-06-17
Primary law: CAA
Federal penalty: $1,178
Timeline (4 milestones)
- 2014-06-17Complaint Filed/Proposed Order
- 2014-06-17Final Order Issued
- 2014-07-01Enforcement Action Closed
- 2014-08-07Enforcement Action Data Entered
Case metadata
- EPA activity ID
- 3400272733
- Case number
- EF-2014-8094
- Lead agency
- EPA
- EPA region
- EF
- Voluntary self-disclosure
- No
- Primary statute
- Regulation of Fuels - Motor Vehicle and Engine Fuels
Sourced verbatim from EPA ECHO Enforcement Case Report for case EF-2014-8094 . Bulk data: ICIS-FEC download summary.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.