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BIZARRE: 25 - You Need To See This

Lower Profits At US Oil Giants Still Mighty Enough For Big Investor Payouts

ExxonMobil and Chevron reported lower but still strong profits Friday as they push ahead with hefty shareholder payouts and major acquisitions.

International Business Times

SCOTUS looks at Chevron—but what exactly does that mean?

Welcome to the Tuesday, January 30, Brew.

Ballotpedia

Second Amendment Roundup: Agency "Guidance," Interpretive Regulations, and Chevron

State and federal agencies express views that are thinly-veiled diktats.

Reason

From analysis to the latest developments in health,
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Prof. Thomas Merrill on "The Chevron Argument: Ambiguity Versus Delegation"

I'm delighted to pass along this item from Prof. Thomas Merrill (Columbia), whom readers might remember as a guest-blogger from a couple of years ago, and who is the author of The Chevron Doctrine: Its Rise, and Fall, and the Future of the Administrative State (2022): Last week, the Supreme…

Reason

High Court, High Stakes for Cybersecurity

Episode 488 of the Cyberlaw Podcast

Reason

Will Sanctions Easing Reboot Venezuela's Oil Industry?

On paper, the easing of US oil sanctions against Venezuela should allow its battered economy to once again profit from a resource it has more of than any country in the world.

International Business Times

SCOTUS hears oral argument in challenge to Chevron deference

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

Ballotpedia

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SCOTUS hears oral argument in challenge to Chevron deference

The United States Supreme Court on January 17, 2024, heard oral argument in Loper Bright Enterprises v. Raimondo and Relentless, Inc. v. Department of Commerce—two consolidated cases challenging an agency’s interpretation of a federal fishery law that could affect future applications of Chevron deference by the federal courts.

Ballotpedia

Supreme Court tackles case potentially impacting federal agency regulations

The Supreme Court is hearing arguments on the Chevron deference, a precedent that gives federal agencies leeway in crafting regulations. The case involves ...

Top News

High court hears arguments in cases that challenge deference to executive agencies that interpret the law - Roll Call

The Supreme Court heard arguments in two cases that could remove the deference given to the executive branch in interpreting law.

Roll Call

Case brought to Supreme Court by herring fishermen may gut federal rulemaking power

Several of the court's conservative justices expressed deep skepticism of the current framework. But all three left-leaning justices offered support for keeping the system in place.

WEKU

The Chevron Doctrine Discomfits the Weak

Excessive judicial deference gives administrative agencies a license to rewrite the law in their favor.

Reason

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The Guardian - US

Gorsuch urged to recuse himself from supreme court case over ties to oil baron

Philip Anschutz has hosted rightwing justice at resort and stands to benefit if court strips power from federal regulatory agencies

Roll Call

Supreme Court to hear arguments on landmark regulatory doctrine - Roll Call

The Supreme Court will hear oral arguments in two cases that could upend how courts review decisions administrative agencies make.

Ballotpedia

Robe & Gavel: Federal Judicial Vacancy Count released for January 2024

Welcome to the Jan. 15 edition of Robe & Gavel, Ballotpedia’s newsletter about the Supreme Court of the United States (SCOTUS) and other judicial happenings around the U.S.

The Conversation

A Supreme Court ruling on fishing for herring could sharply curb federal regulatory power

Fisheries regulation might seem to be unusual grounds for the U.S. Supreme Court to shift power away from federal agencies. But that is what the court seems poised to do in the combined cases of Loper Bright Enterprises vs. Raimondo and Relentless Inc. vs. Department of Commerce. The cases are…

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The Independent UK

Crusading lawyer Steven Donziger on his 993 days of house arrest amid battle with oil companies

Horrified by the effects of toxic waste in the Amazon, the Harvard-educated lawyer has spent decades fighting the companies he holds responsible. But amid accusation and counter-accusation, he tells Kevin E G Perry about the personal price he has had to pay

The Guardian - AU

Woodside cuts all ties with Perth’s Fringe World festival after years of environmental protests

Festival will be free of fossil fuel sponsorship for the first time in decades after the departure of Chevron as a sponsor last year

AAP

Festival season begins with fossil fuels on the fringe

Activists are welcoming what they have described as Perth's first "fossil-free" festival season, after Woodside ended the last of its support for Fringe World.

The Guardian - UK

Big five oil companies to reward shareholders with record payouts

BP, Shell, Chevron, ExxonMobil and TotalEnergies to distribute more than $100bn despite public outrage

Top News

Chevron's Outlook Dims as Analysts Curb Optimism

Wall Street analysts revise their outlook on Chevron as mounting setbacks prompt adjustments. Find out how this impacts the company's future prospects.

The Independent UK

Oil companies offer $382M for offshore drilling rights in last sale before 2025

Oil companies have offered $382 million for drilling rights in the Gulf of Mexico after courts rejected the Biden administration’s plans to scale back the sale to protect an endangered whale species

Barchart

Chevron Stock Has Bottomed Out - Investors Await a Dividend Hike and 4.3% Yield

Chevron stock has bottomed out. Investors expect the company will hike its dividend by at least 6.3% in January, giving it a 4.3% yield. Shorting OTM puts is also a good income play for shareholders.

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