This case concerns allegations that Chemoil Corporation exported at least 48.5 million gallons of biodiesel from the United States in 2011, 2012, and 2013, without retiring the approximately
Chemoil Corporation (Chemoil) is a privately-held company, and one of the world's leading retail energy companies in sea and land sector. Chemoil sells marine, aviation, diesel, renewable fuels, and residual oil products. Chemoil is incorporated in California, and resides and does business in San Francisco, California.
The original Renewable Fuel Standard program was created under the Energy Policy Act of 2005, and established the first renewable fuel volume mandate in the United States. The program required 7.5 billion gallons of renewable fuel be blended into gasoline by 2012.
The Energy Independence and Security Act of 2007 expanded the program, which became known as the RFS2 program. The RFS2 program reduces greenhouse gas (GHG) emissions by setting a national mandate for renewable fuels that meet specific GHG emissions reduction standards. The RFS2 regulations created a market based program to assure that the national mandate will be met. Renewable fuel producers and importers generate renewable fuel credits, known as renewable identification numbers or RINs, for each gallon of renewable fuel that meets the GHG emissions reduction standards. The program requires refiners and importers, known as obligated parties, to retire a specific number of RINs each year based on the amount o