Sable Offshore & 1448 Sable Offshore – SOC
Pitch Summary: The investment thesis is based on the belief that California’s AB1448 law, which aims to restrict offshore oil expansion, will face significant legal challenges due to federal preemption doctrines. This creates an opportunity for Sable Offshore to continue its operations despite state-level regulatory attempts. BSD Analysis: California’s AB1448 represents a significant regulatory challenge […]
