Sable Offshore sinks as Newsom reportedly seeks further curbs on California offshore oil

7 hours ago 1
Gas Pipeline In Front Of The Oil Pump

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Sable Offshore (NYSE:SOC) -12.2% post-market Monday as California's Governor Newsom proposes a legislative package that would impose further restrictions on the state's offshore oil industry, Bloomberg reported.

Newsom's proposal reportedly would include stricter testing for restarting inactive intrastate oil pipelines, which

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