The Trump administration took action to clear the way for oil production off the California coast in an attempt to ease the global fuel pressures created by the war with Iran, Bloomberg’s Catherine Lucey, Ari Natter, and Nathan Risser report. The announcement by Energy Secretary Chris Wright follows an executive order signed by President Donald Trump on Friday and directs Sable Offshore (SOC) to begin restoring operations for the Santa Ynez Unit and Santa Ynez Pipeline System in California.
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