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Trump wants to drill oil off California coast, Newsom calls plan ‘dead on arrival’

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3 months ago
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Trump wants to drill oil off California coast, Newsom calls plan ‘dead on arrival’
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Nov. 12, 2025 4:38 AM ETProShares K-1 Free Crude Oil ETF (OILK), UCO, SCO, USOI, VDE, MLPX, GUSH, DRIP, BNO, USL, DBO, XLEBy: Jessica Kuruthukulangara, SA News Editor

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The Trump administration is set to unveil a plan that would allow oil drilling off the California coast, around Alaska and the Eastern Gulf of Mexico (Gulf of America), people familiar with the matter told The Wall Street Journal.

The plan, which



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