Trump Pushes To Reopen California Coast To Offshore Drilling [zero hedge]
Sable Offshore Corp. (SOC)
Company Research
Source: zero hedge
Trump Pushes To Reopen California Coast To Offshore Drilling Authored by Felicity Bradstock via OilPrice.com, A draft federal plan proposes six offshore lease sales along the California coast, reversing decades of restrictions introduced after the 1969 Santa Barbara spill. California Governor Gavin Newsom, coastal states, and environmental groups vow legal and political resistance, calling the plan dangerous and “dead on arrival.” The proposal also includes new leasing in the eastern Gulf of Mexico, likely sparking pushback from Florida Republicans and adding to nationwide opposition. New oil and gas drilling could commence in California if President Donald Trump gets his way, as the U.S. federal government continues to support a “Drill, baby, drill” approach to fossil fuel production. In November, the Trump administration plans to allow new oil and gas drilling off the California coast, according to a draft plan shared with the Washington Post. This would be the first time in several
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SOC
News
- Sable Offshore (NYSE:SOC) had its "buy" rating reaffirmed by analysts at Roth Capital.MarketBeat
- Sable Offshore (SOC) – Among the Energy Stocks that Lost This Week [Yahoo! Finance]Yahoo! Finance
- Trump administration announces plan for new oil drilling off the coasts of California and Florida [CBS News]CBS News
- Trump administration announces plan for new oil drilling off the coasts of California and Florida [BNN Bloomberg (Canada)]BNN Bloomberg
- Trump administration announces plans to open Pacific Ocean to offshore drilling [Los Angeles Times (CA)]Los Angeles Times
SOC
Earnings
- 11/13/25 - Miss
SOC
Sec Filings
- 12/3/25 - Form S-3
- 12/1/25 - Form 8-K
- 11/26/25 - Form 8-K
- SOC's page on the SEC website