Texas Oil Driller Seeks Federal Help With California Project (1)

Sable Offshore Corp. is seeking the Trump administration’s help to jumpstart a California oil project that’s awaiting regulatory approval.

The Houston-based company’s effort to tap hundred of millions of barrels of crude off the coast of Santa Barbara have been stymied by state regulators’ opposition to reopening pipelines that funnel the crude to refineries.

If state approval isn’t forthcoming soon, Sable is prepared to go all-in on a plan to use tanker ships to haul the crude away to other markets, said Chief Executive Officer Jim Flores.

It’s “absolutely on Trump’s agenda,” Flores said in an interview. He ...