All posts tagged: @NG26X

Trump tells South Korea to join Alaska LNG deal or pay more

Trump tells South Korea to join Alaska LNG deal or pay more

Published by Sam Flores

WASHINGTON, DC – SEPTEMBER 30: U.S. President Donald Trump speaks as he is joined by (L-R) Alaska Gov. Mike Dunleavy, U.S. Secretary of Commerce Howard Lutnick, U.S. Sen. Daniel S. Sullivan (R-AK), U.S. Secretary of the Interior Doug Burgum, and U.S. Secretary of Energy Chris Wright during an announcement in the Oval Office of the White House on September 30, 2026 in Washington, DC. The joint announcement unveiled a major $54 billion South Korean investment that includes the Alaska Liquefied Natural Gas (LNG) project. (Photo by Anna Moneymaker/Getty Images) Anna Moneymaker | Getty Images News | Getty Images U.S. President Donald Trump said he “didn’t jump the gun” in announcing South Korea’s participation in a $50 billion Alaska LNG project, warning Seoul could pay “double” if it does not sign on soon. His remarks come amid a discrepancy between Washington and Seoul over South Korea’s planned energy and infrastructure investments in the U.S., with Trump announcing projects that Seoul has said are not yet finalized. “If they don’t want to do it, that’s OK with …

Diesel export ban could raise gas prices

Diesel export ban could raise gas prices

Published by Sam Flores

President Donald Trump on Wednesday said he is still “thinking about” banning diesel exports in an attempt to get a handle on high energy prices, but noted that doing so may have a “negative impact on gasoline.” Trump, asked in the Oval Office if he has decided on a ban, said his aides think it would help diesel “but it might raise the price of other things.” “And I think we’re in a good place because oil prices are going to start to come down,” Trump added. Just three days earlier, Trump said he was “very seriously” considering the move, despite warnings from the U.S. oil industry that it would force refineries to cut production and ultimately raise domestic energy prices. But his latest comments appeared to show him cooling to the idea of an export ban, even as he declined to rule it out entirely. “We’re in a very good place,” Trump said, highlighting a recent resurgence in crude exports through the Strait of Hormuz. The strait is a major throughway for the global …