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The Latest Breaking News from Chevron

Today the Supreme Court ruled, 6-3*, to overrule the doctrine of "Chevron" deference to agencies in Loper Bright Enterprises, consolidated with Relentless Inc. The bottom line should be unsurprising to anybody who had been following the arguments or the Court's treatment of Chevron over the past decade. The only thing…

Reason

SCOTUS Repudiates Doctrine That Gave Agencies a License To Invent Their Own Authority

The Court says Chevron deference allows bureaucrats to usurp a judicial function, creating "an eternal fog of uncertainty" about what the law allows or requires.

Reason

Supreme Court Strikes Down Chevron: What It Means for the IRS

A landmark decision from SCOTUS fundamentally alters the administrative law landscape and impacts federal agencies, including the IRS.

Kiplinger

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What it means for the Supreme Court to throw out Chevron decision, undercutting federal regulators

Executive branch agencies will likely have more difficulty regulating the environment, public health, workplace safety and other issues under a far-reaching decision Friday by the Supreme Court

The Independent UK

Supreme Court ends 40-year-old precedent that gave federal agencies oversight and cripples enforcement

Friday’s ruling is an strong deviation from 40 years of rule that was initially set by the Supreme Court - and it was likely have major ramifications for Congress

The Independent UK

US supreme court strikes down 40-year precedent, reducing power of federal agencies

Court overturns Chevron doctrine, which had become a central target of rightwing groups

The Guardian - US

The Supreme Court weakens federal regulators, overturning decades-old Chevron decision

The Supreme Court has upended a 40-year-old decision that made it easier for the federal government to regulate the environment, public health, workplace safety and consumer protections

The Independent UK

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Supreme Court gives judges more power to review agency rules - Roll Call

The Supreme Court in a decision Friday curtailed the power of federal agencies to implement laws passed by Congress.

Roll Call

Predictions For The Final 6 Cases

Chevron, Netchoice, Trump, Grant's Pass, Fischer, and Corner Post.

Reason

Big Oil guilty of murder for heat waves?

400 people died in an Arizona heat wave last summer. The nonprofit Public Citizen says this constitutes murder

Salon

Supreme Court has a lot of work to do and little time to do it with a sizable case backlog

The Supreme Court has a lot of work left to do and little time to do it

The Independent UK

The Supreme Court May Be on the Brink of Radically Restricting Bureaucrats' Power

Chevron deference, a doctrine created by the Court in 1984, gives federal agencies wide latitude in interpreting the meaning of various laws. But the justices may overturn that.

Reason

Stanford disappoints critics of fossil fuel donations by hiring PR firm with big oil ties

University hires Brunswick Group amid anger from campus organizers at its sustainability school’s funding

The Guardian - US

2 Dividend Aristocrats to Defend Against Pre-Election Volatility

These two dividend-paying oil stocks could be safe bets for investors as the world remains in election mode.

Barchart

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The Guardian - US

Far-right fossil fuel company allies pressure US supreme court to shield firms in unprecedented campaign

Groups linked to billionaire Leonard Leo, who seems to have ties to Chevron, are pressing the court to intervene in lawsuits that could cost billions

StockNews.com

Exxon Mobil (XOM) vs. Chevron (CVX) - Analyzing Long-Term Value in 2024 and Beyond

The energy sector is poised to witness steady growth amid growing demand and possible supply cuts. In such a scenario, let’s analyze the potential of two key players in this space, Exxon Mobil (XOM) and Chevron (CVX). Read on….

Roll Call

What would Congress do without Chevron deference? - Roll Call

If the Supreme Court blows up a regulatory dam, lawmaking could become even harder. Washington isn’t ready, some observers say.

Barchart

1 Top Energy Stock to Profit from Shale Industry Consolidation

Merger and acquisition activity in the U.S. oil and gas sector has surged to almost $200 billion in the past year. Not surprisingly, the country’s richest shale area - the Permian Basin - has been the focus of much of the activity over the past five years - and with…

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Fortune

California beats out Texas and New York as home to the most Fortune 500 companies

The Golden State is home to 57 Fortune 500 companies, including Chevron, Meta, and Wells Fargo.

Barchart

How Is Chevron's Stock Performance Compared to Other Mega-Caps?

With Chevron recently outperforming the Vanguard Mega Cap ETF, investors remain highly optimistic about the stock’s prospects because of its improving financials.

The Guardian - US

A supreme court case about fisherman is flying under the radar, but could soon ‘create chaos’

For decades, the Chevron deference doctrine has given broad powers to federal agencies. Now it could be overturned – with major consequences

The Guardian - US

A supreme court case about fishermen could throw government into chaos

For decades, the Chevron deference doctrine has given broad powers to federal agencies. Now it could be overturned – with major consequences

AAP

Charm offensive on Aussie carbon dump for net-zero Asia

Costly carbon capture and storage could be the price Australia must pay for retaining emissions-intensive industrial jobs without pumping out more pollution.

The Conversation

Why the US oil majors may end up doing more for the green transition than their (slightly) more progressive European rivals

The energy transition is not on track to mitigate the effects of climate change. Take the case of Shell, whose shareholders recently voted to decelerate the UK-based oil giant’s climate targets. Shell had planned to cut its “net carbon intensity” by 20% by 2030 and 45% by 2035, but now…

The Guardian - US

ExxonMobil and Chevron gather investors after latest big oil mega deal

Energy giants hold annual meetings as ConocoPhillips announces plan to buy Marathon Oil in $17.1bn deal

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