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Financial TimesTrump says US has ‘obliterated’ military assets on Iran’s crucial Kharg IslandFinancial TimesMusk’s $134bn claim against OpenAI rests on ‘numbers out of the air’, judge saysFinancial TimesWall Street warns Iran war will trigger prolonged energy crisisBloomberg MarketsWall Street Week | Soft US Jobs, Swedish Defense Spending, Private Credit WoesBloomberg MarketsPrivate Credit Infecting Public Markets, Boaz Weinstein SaysBloomberg MarketsBlue Owl Private Credit BDC Urges Rejecting Boaz Weinstein OfferBloomberg MarketsTD Says Corporate Bonds Are Now Cheap Enough to Consider BuyingBloomberg MarketsLSEG Looks to Sell as Much as $3 Billion of Bonds Next WeekBloomberg MarketsOaktree’s Poli Says Bigger Price Moves in Credit Are ComingFinancial TimesNvidia prepares AI ‘inference’ chip launch to counter rising challengersBloomberg MarketsHedge Funds Turn Most Bullish on Oil Since 2020 Amid Iran WarFinancial TimesFull text: judge says probe is attempt to ‘harass and pressure’ the central bank chief to cut ratesBloomberg MarketsS&P Closes Out Third Straight Week of Loses | Closing BellBloomberg MarketsJudge Rejects Subpoenas of Fed in Powell Case, DOJ to AppealBloomberg MarketsUS Allows Venezuela to Sell Fertilizers as War Crimps SupplyFinancial TimesTrump says US has ‘obliterated’ military assets on Iran’s crucial Kharg IslandFinancial TimesMusk’s $134bn claim against OpenAI rests on ‘numbers out of the air’, judge saysFinancial TimesWall Street warns Iran war will trigger prolonged energy crisisBloomberg MarketsWall Street Week | Soft US Jobs, Swedish Defense Spending, Private Credit WoesBloomberg MarketsPrivate Credit Infecting Public Markets, Boaz Weinstein SaysBloomberg MarketsBlue Owl Private Credit BDC Urges Rejecting Boaz Weinstein OfferBloomberg MarketsTD Says Corporate Bonds Are Now Cheap Enough to Consider BuyingBloomberg MarketsLSEG Looks to Sell as Much as $3 Billion of Bonds Next WeekBloomberg MarketsOaktree’s Poli Says Bigger Price Moves in Credit Are ComingFinancial TimesNvidia prepares AI ‘inference’ chip launch to counter rising challengersBloomberg MarketsHedge Funds Turn Most Bullish on Oil Since 2020 Amid Iran WarFinancial TimesFull text: judge says probe is attempt to ‘harass and pressure’ the central bank chief to cut ratesBloomberg MarketsS&P Closes Out Third Straight Week of Loses | Closing BellBloomberg MarketsJudge Rejects Subpoenas of Fed in Powell Case, DOJ to AppealBloomberg MarketsUS Allows Venezuela to Sell Fertilizers as War Crimps Supply
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MarketWatch Top Storiesmarkets

This little-known energy company’s stock is rallying as Trump invokes 1950 powers for offshore California drilling

MarketWatch Top Stories
Friday, March 13, 2026 at 11:27 PM
~4 min read
EquitiesEnergy

Original Report

Trump’s executive order opens the door for Sable Offshore’s production in Southern California.

Glass House Analysis

This story reflects the interconnected nature of modern economic systems, where developments in one sector inevitably affect others. Understanding these connections is essential for grasping how policy decisions and market movements translate into real-world outcomes for families, workers, and communities. The economy is not an abstract system of numbers—it's the sum total of decisions about who works, who prospers, and who struggles.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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