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CVX Jan 2026 95.000 put

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    The Country that Imports the Most Natural Gas in the World

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    Chevron takeaways: Supreme Court ruling removes frequently used tool from federal regulators

    Federal rules that impact virtually every aspect of everyday life, from the food we eat and the cars we drive to the air we breathe, could be at risk after a wide-ranging Supreme Court ruling Friday. The court rejected a 40-year-old legal doctrine colloquially known as Chevron, effectively reducing the power of executive branch agencies like the Environmental Protection Agency and shifting it to the courts. The doctrine, named after a 1984 case involving the energy giant, has been the basis for upholding thousands of federal regulations but has long been a target of conservatives and business groups, who argue it grants too much power to the executive branch, or what some critics call the administrative state.