Supreme Court overturns Chevron deference: Potential impacts on the oil and gas industry

The U.S. Supreme Cout’s recent decision to overturn the 40-year-old Chevron deference doctrine marks a significant shift in administrative law that could have far-reaching implications for highly regulated industries, including the oil and gas sector. In Loper Bright Enterprises v. Raimondo, June 2024, the Supreme Court ruled that courts should no longer automatically defer to federal agencies’ interpretation of ambiguous statutes, reasoning that this gave undue and unchecked power to administrative agencies. This ruling fundamentally alters how courts will interpret ambiguous statutes and agency regulations, moving forward.

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