Oil giants have fled California, but James Flores is desperate to get in, even if it means crossing swords with the state.<\/p>\n
His company, Houston-based Sable<\/a> Offshore, wants to reboot dormant oil platforms it bought from Exxon Mobil<\/a> XOM 0.23%increase; green up pointing triangle<\/a> in federal waters near Santa Barbara. Flores, Sable\u2019s chief executive, wagered that he could patch a leaky pipeline that once caused a disastrous oil spill, ship tens of thousands of barrels of crude to California\u2019s refineries\u2014and earn a windfall.\u00a0<\/p>\n Copyright \u00a92025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8<\/p>\n","protected":false},"excerpt":{"rendered":"Oil giants have fled California, but James Flores is desperate to get in, even if it means crossing…\n","protected":false},"author":2,"featured_media":67639,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[8378,16290,3267,8376,487,31819,31815,467,294,8371,451,482,8377,458,497,490,31820,34798,488,496,460,34802,4796,34804,34803,34805,34806,34807,463,462,461,489,468,11139,31816,34800,34801,473,27,29,28,464,34799,474,478],"class_list":["post-67638","post","type-post","status-publish","format-standard","has-post-thumbnail","category-texas","tag-ce-executive-news-filter","tag-ce-industry-news-filter","tag-california","tag-content-types","tag-corporate","tag-corporate-crime","tag-corporate-crime-legal-action","tag-corporate-industrial-news","tag-crime","tag-crime-legal-action","tag-energy","tag-exxon-mobil","tag-factiva-filters","tag-fossil-fuels","tag-gas","tag-general-news","tag-government-policy","tag-hard-commodities","tag-industrial-news","tag-integrated-oil","tag-integrated-oil-gas","tag-james-flores","tag-legal-action","tag-linki1-wp-wsj-0003139717","tag-linki2-wp-wsj-0003139717","tag-linki3-wp-wsj-0003139717","tag-linki4-wp-wsj-0003139717","tag-linki7-wp-wsj-0003139717","tag-north-america","tag-oil","tag-oil-gas","tag-political","tag-political-general-news","tag-regulation","tag-regulation-government-policy","tag-sable-offshore","tag-soc","tag-synd","tag-texas","tag-texas-headlines","tag-texas-news","tag-united-states","tag-western-u-s","tag-wsj-pro-wsj-com","tag-xom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/67638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=67638"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/67638\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/67639"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=67638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=67638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=67638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}