Im lost tbh, just a young pede wanting to learn.
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The EPA interpreted their role as having the power to accomplish whatever task they were given. However the Court reviewed their evidence and said "naw bitch". Meaning they stripped the EPA of their power to do things not explicitly granted by law. This reigns in the EPA, but also other regulatory bodies which have taken a similar view of their authority. Which is many. It also helps that the supreme court explicitly called out that they knew they were setting this precedent. Regulatory bodies are a way to circumvent having to right individual laws to control industry.
In other words: "Congress do your job" "Executive branch don't step outside the law"
short term gas will fall about 50 cents. Long term businesses will sue the crap out of the government regulatory agencies and win.
Highly likely, agreed. The whole arbitrary system of not giving permits to drill is now going to be either made law or tossed, and likely tossed, so gas will start to climb down after a bit. It will likely hit ten a gallon first, then correct. Hold on fam.
Literal civics 101, legislative branch job make the rule, executive enforce the rule, judicial arbitration of complaints. EPA was making up there own rules and arbitration. In theory a court ruling like this can be applied to any alphabetnsoup agencies that overreach their legal guidance mandates as outlined in whatever laws actually get legislated.
In other words, a lot of paper pushers and power hungry flunkies will be filling the roles of burger flippers at Mikey D's very soon. Great way to cut the size of government in half without really trying.
Up vote for "naw bitch."