Deficit carryforward.

§ 1090.715 Deficit carryforward.

(a) A gasoline manufacturer incurs a compliance deficit if they exceed the average standard specified in subpart C of this part for a given compliance period. The deficit incurred must be determined as specified in paragraph (a)(1) of this section for sulfur and paragraph (a)(2) of this section for benzene.

(1) The sulfur deficit incurred is determined as follows:

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Where: DS,y = Sulfur deficit incurred for compliance period y, in ppm-gallons. CSVy = Compliance sulfur value for compliance period y, per § 1090.700(a)(1), in ppm-gallons. Vi = The volume of gasoline produced or imported in batch i, in gallons. n = The number of batches of gasoline produced or imported during the compliance period. i = Individual batch of gasoline produced or imported during the compliance period.
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