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Stock impact report

The Trump Administration Ordered a Previously Shut-Down Oil Pipeline Reopened in California. Here's What Investors Need to Know About the Company that Owns It. [Yahoo! Finance]

Sable Offshore Corp. (SOC) 
Company Research Source: Yahoo! Finance
Earlier this week, the Trump Administration issued an emergency order directing Sable Offshore (NYSE: SOC) to restart the Santa Ynez Unit and related pipeline. The restarted pipeline would allow more U.S. oil to flow into California refineries, displacing foreign imports. Global oil supplies are currently constrained due to the war with Iran and its impact on oil flows out of the Persian Gulf. Here's what investors need to know about the pipeline and Sable Offshore. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. Closed since a 2015 oil spill The Santa Ynez Unit and related Santa Ynez Pipeline System have remained shut since the Refugio oil spill in May 2015. The pipeline had corroded, causing 142,000 gallons of oil to spill, contaminating one of the most biologically diverse a Show less Read more
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