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(Bloomberg) — A cluster of oil platforms off the California coast has begun selling crude for the first time in over a decade, shipping supplies to a Chevron Corp. refinery near Los Angeles.
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Houston-based oil driller Sable Offshore Corp. has spent years attempting to restart production at its Santa Ynez Unit platforms, facing local opposition tied to an onshore pipeline that spilled more than 2,000 barrels of oil onto California beaches when owned by Plains All American Pipeline. Earlier this month, Energy Secretary Chris Wright instructed Sable to restart the pipeline system under an executive order from President Donald Trump.
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Sable began selling crude on Sunday, according to a Monday statement. The company said it has completed what’s known as line fill, a process in which an empty pipeline is filled with oil before continuous pumping begins. The restarted pipeline moves crude from Sable’s onshore Las Flores Canyon facility, where offshore oil is processed, to Pentland Station, where it can be routed to refineries in the Los Angeles area.
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One of the company’s three platforms is producing just over 20,000 barrels of oil each day, and Sable plans to restart a second platform Monday that will pump about 30,000 barrels daily, the company said. A third platform is expected restart by the end of the second quarter, pumping over 10,000 barrels a day.
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The restart comes as Californians pay the highest gasoline and diesel prices in the nation, partly reflecting declining domestic oil production and refining capacity.
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Chevron has warned that the war in Iran risks plunging California’s constrained energy industry into a crisis due to the state’s reliance on imports of fuels from Asia. California is also a major importer of Middle Eastern oil, whose flows have been curtailed by the closure of the Strait of Hormuz.
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