Sable’s president in shining armor
Published on March 16, 2026.
Sable Offshore Corp. is set to resume shipping oil from its wells off the Santa Barbara coast to a waystation in Kern County, California, on April 1. The move comes amid a conflict between the Newsom and Trump administrations over the fate of an offshore oil driller. President Donald Trump and Energy Secretary Chris Wright have backed Sable's efforts to restart the pipeline responsible for a 2015 oil spill. This move has been met with hostility from California Gov. Gavin Newsom, who accused Sable of defying multiple court orders and threatened to take them back in court. However, Robert Waldron, CEO of CorEnergy Infrastructure Trust, expressed concern about the potential impact on California's oil production and gasoline prices.
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