Who Will Buy Sable’s Oil if California Keeps Closing Refineries? | HappeningNow.news

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Who Will Buy Sable’s Oil if California Keeps Closing Refineries?

Natalia Katona is a freelance commodity analyst, based in the United Arab Emirates.

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Natalia Katona is a freelance commodity analyst, based in the United Arab Emirates. Situated off California’s Santa Barbara coast, the Santa Ynez project operated by Sable Offshore has become a litmus test of President Trump’s determination to revive oil production in a state pursuing a future beyond it. After a decade of shutdowns, its return depended on the Trump administration’s intervention in a prolonged regulatory battle.

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