Quick Note On Sable Offshore
Thoughts From The Meeting Last Night
Originally I didn’t think I would be watching the meeting discussing Sable Offshore’s SOC 0.00%↑ pipeline repair proposal, but I figured I would put up with the political theater sections to see what the Fire Marshal had to say. The other thing I found interesting was the State Parks section, which is the last section of the pipeline that needs to be repaired (a 4 mile section in Gaviota State Park). If you want to skip the political theater, or the EDC bringing Julia Louis Dreyfus on to rant for 10 minutes (which I didn’t have on bingo card), I laid out a couple sections that are worth watching and when they start. I thought it was interesting that the Fire Marshal rep basically took over the Q&A section, but I’m feeling pretty good about what the next couple months have in store for investors.
State Lands Commission - 0:40-0:45
Office of Spill Prevention and Response - 0:58
California Office of the State Fire Marshal - 1:07
CalGEM (California Geologic Energy Management) - 1:23
California State Parks - 1:28
Q&A section - 2:02
When do you think we'll know when the pipeline is complete and we can put all of this nonsense behind us?