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0.00129421915444353 0.00172562553925784 0.00316364682197295 0.00316364682197295 -0.00891573195283297 -0.00316364682197295 -0.0169686511360369 -0.00546448087431708
Stock impact report

Sable Offshore runs into a California Line 325 chokepoint [Yahoo! Finance]

Sable Offshore Corp. (SOC) 
Company Research Source: Yahoo! Finance
That is the clearest way to read the latest fight over Line 325, a section of pipeline tied to the company's Santa Ynez restart plan. Through the plan, the U.S. Department of Energy is forcing reactivation of Sable Offshore's Santa Ynez Unit, part of the Las Flores Pipeline System in California. Line 325 (including 325A Gaviota to Sisquoc and 325B Sisquoc to Pentland) is a crucial part of the crude transport system. Federal officials have pushed Sable forward, but California is still arguing it retains authority over key parts of the system, including land access and pipeline oversight. California still controls a key piece of oil pipeline system The most important detail is not especially dramatic, but it is important. A four-mile stretch in Gaviota State Park still requires a state easement for pipeline maintenance, and the earlier 30-year easement expired in 2016. Since then, State Parks has relied on shorter-term access permissions while it reviews a longer-term reque Show less Read more
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