Trump administration orders restart of California offshore oil operations
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Trump ordered California offshore oil operations to restart amid Iran oil supply disruptions.
How This Affects You
Gas prices in California could stabilize as domestic offshore oil production increases.
AI Summary
The Trump administration on Friday ordered Sable Offshore to restart operations of the Santa Ynez Unit and Santa Ynez Pipeline System off California's coast. Energy Secretary Chris Wright issued the directive as oil and gas prices surge following Iran's closure of the Strait of Hormuz. The order aims to increase domestic oil production amid the supply disruption caused by the strategic waterway blockade.
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