Newsom seeks to impose restrictions on offshore oil industry, Bloomberg says

California Governor Gavin Newsom is seeking to impose further restrictions on California’s offshore oil industry, a setback to Sable Offshore and its controversial project off the coast of Santa Barbara County, Bloomberg’s Eliyahu Kamisher and Nathan Risser report. The regulation is seen as a way to alleviate environmental concerns from another proposal that would ease drilling permits in the state’s interior, with both proposals expected to be included in legislative text this week.