Atlantic Richfield Co. v. U.S. Department of Energy

JOHN W. PECK, Judge:

This appeal arose from the denial by the Office of Hearings and Appeals (OHA) of ARCO’s application to refile Refiner’s Monthly Cost Allocation Reports (RMCARs). The district court affirmed OHA’s denial. For the reasons stated below, we affirm the district court.

FACTS

During the period of petroleum price controls, the applicable regulations permitted oil refiners to incorporate increased crude oil costs into the prices of their refined products covered by the regulations. The formula for allocating costs to price increases for the covered goods was referred to as the V…