Trump administration orders restart of California offshore oil operations

🇺🇸 The Hill (US) —
Trump administration orders restart of California offshore oil operations

AI Summary

The Trump administration has ordered Sable Offshore to restart oil operations at the Santa Ynez Unit and Pipeline System off California's coast as oil and gas prices surge due to Iran's closure of the Strait of Hormuz. Energy Secretary Chris Wright issued the order as part of efforts to boost domestic energy supply. The move responds to the broader energy market disruptions caused by the U.S.-Iran conflict.

The Trump administration on Friday directed Sable Offshore to restart its operations of the Santa Ynez Unit and Santa Ynez Pipeline System off the coast of California, which comes as oil and gas prices surge as a result of Iran’s closure of the Strait of Hormuz. Energy Secretary Chris Wright’s order for oil production, which…

World Conflict Politics Markets Commodities Energy Shipping offshore oil California Sable Offshore Strait of Hormuz energy prices Trump administration Santa Ynez oil production

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