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Sable Offshore Stocks Surge Amid Trump's Plans to Open California to Offshore Oil Drilling
ByAinvest
Tuesday, Nov 11, 2025 10:28 am ET1min read
Sable Offshore Energy Services (SOC) stock surged 17.6% in early trading on Tuesday after a report by the Washington Post that the Trump administration is planning to propose opening up offshore oil drilling along California's coast for the first time in decades. The proposal, which is reportedly in the final stages of preparation, could boost the demand for SOC's services.
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