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PRICE Futures Group senior analyst Phil Flynn joins ‘The Evening Edit’ to discuss reports that the Department of Energy is buying 3 million barrels of oil to replenish US strategic reserves.
The Supreme Court has declined to intervene on a request from numerous states and industry groups to temporarily block a series of regulations from the Biden administration’s Environmental Protection Agency (EPA) aimed at curbing carbon pollution from coal- and gas-fired power plants.
In a brief statement on Wednesday, Justices Brett Kavanaugh and Neil Gorsuch wrote that since the challengers don’t have to begin compliance work until June, the parties involved are unlikely to suffer irreparable harm before the federal appeals court in Washington, D.C., rules on the merits specifically. of the case.
“Thus, it is understandable that this Court should provisionally deny the stay applications,” Kavanaugh and Gorsuch wrote.
Conservative Justice Clarence Thomas said he would have granted the states and groups’ request. Justice Samuel Alito, another conservative, recused himself.
The members of the Supreme Court (Getty Images)
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The Supreme Court’s order came after the justices rejected emergency requests from West Virginia, Indiana and 25 other states to halt the EPA rule.
The regulation aims to reduce greenhouse gas emissions and require coal-fired power plants and new natural gas-fired generators to install equipment over the next decade to capture emissions before they reach the atmosphere.
A sign marks the entrance to the Environmental Protection Agency headquarters in Washington, DC (Getty Images)
The case then goes to the U.S. Court of Appeals for the District of Columbia Circuit. After the court has ruled, the matter can be brought before the court again.
“This is not the end of this case,” West Virginia Attorney General Patrick Morrisey said in a statement.
Fox News Digital has contacted the EPA for comment.