California officials blocked a Texas company’s offshore oil operation from sending its product to market for two years. On Monday, due to a Trump administration intervention, the company announced that operations had resumed.
What happened: Sable Offshore sold oil it produced off the Santa Barbara coast to Chevron on Sunday, according to the company.
“Sable is proud to announce oil sales through the Santa Ynez Pipeline System to Chevron,” the company’s CEO, Jim Flores, said in a statement. “In doing so, we are providing American oil from American soil through an American pipeline to an American refinery for American consumers and the United States military.”
Why it matters: The sale is a major win for the Trump administration, which invoked emergency powers in March to override California’s authority to block Sable’s effort to bring its pipeline back online. The administration cited concerns that the state’s reliance on foreign oil was a national security threat.
