Market Flux Event

Trump Announces Taiwan Will Buy 30% of Alaska LNG Pipeline Output Over 20 Years at Wasilla Rally

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President Donald Trump announced at a campaign rally in Wasilla, Alaska that Taiwan has agreed to purchase 30% of the natural gas output from the Alaska LNG pipeline project over a 20-year period. Trump made the announcement as he stumped for Republican incumbent Senator Dan Sullivan, whose Senate seat is increasingly at risk ahead of midterm elections, with prediction markets placing Democrat Mary Peltola at a 73% chance of flipping the seat blue for the first time since 2008.

The Alaska LNG pipeline has become a centerpiece of Trump's energy pitch in the state, with the Taiwan purchase commitment lending the long-discussed project new commercial credibility. Sullivan and Trump have been pushing the pipeline as a major economic driver for Alaska, and the rally appearance, coming after a stop in Ohio, drew attention to the president's travel pace at age 80.

Separately, Trump's diesel deal with Russia continued to draw bipartisan fire. A group of 12 senators, including Republicans Susan Collins, Lisa Murkowski, Thom Tillis, and John Curtis, joined three Democrats in urging Trump to immediately reverse course, arguing the arrangement would help Moscow sustain its war in Ukraine. Trump responded by saying the plan is "not a USA deal," distancing himself from the criticism. The agreement covers roughly 2.2 million barrels of diesel, authorized through next April, an amount analysts note is less than two weeks of U.S. demand and far too small to move retail prices, which remain near $6.28 per gallon. On the sidelines of the Wasilla rally, Trump also pardoned two Alaska mechanics convicted of violating diesel emissions laws, declaring from the stage that they faced 10 years in prison for fixing an engine.

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Sources

  1. YahooFinanceDiesel prices haven’t moved, but Trump’s tone on his Russia deal has. The president said Tuesday that the plan is “not a USA deal,” after criticism that included Republican Sens. Susan Collins, Lisa Murkowski, Thom Tillis and John Curtis. They joined three Democrats in urging him to “immediately reverse course.” The plan starts with about 2.2 million barrels of diesel, and the administration has authorized US purchases through next April. But diesel is still almost $6.28 per gallon, and GasBuddy’s Patrick De Haan said truckers and farmers shouldn’t expect relief anytime soon. Read more:
  2. Business今日必读 🕊️纽约联储行长预计明年无需加息 🧸桥水创始人警告美债熊途漫漫 📱苹果智能家居新品亮相 获取免费中文电子报《彭博财经早茶》与音频播报,聚焦中国与全球市场最新动向,并有周末特别推送。 A daily Chinese-language briefing and audio broadcast of what's moving markets in China and around the world. Plus, a weekend edition.
  3. CnbcPresident Donald Trump’s diesel deal with Russia is unlikely to significantly reduce fuel prices for truckers and farmers, because the amount that Moscow will supposedly export is very small compared with U.S. and global demand. Read the full story:
  4. Crypto BriefingTrump and Sullivan push Alaska LNG pipeline amid tight Senate race
  5. ThehillWatch live: Trump heads to Alaska as Senate race heats up
  6. _MorkieWhite House footage of President Trump pivoting from Ohio to Alaska sparked praise from supporters highlighting his relentless travel pace at 80. 🇺🇸✈️🗳️
  7. Ny TimesSenators Urge Trump to Reverse Diesel Deal With Putin
  8. FirstSquawkTrump Gives Remarks During Rally in Wasilla, Alaska - Fox News
Show 6 more
  1. RedboxWireTrump Gives Remarks During Rally in Wasilla, Alaska - Fox News
  2. FinancialjuiceTrump: Taiwan agrees to purchase 30% of gas from Alaska pipeline
  3. PolymarketBREAKING: Democrat Mary Peltola projected to flip Alaska's Senate seat blue for the first time since 2008, as Trump holds rally for GOP incumbent Dan Sullivan. 73% chance.
  4. MarketsdayTrump’s diesel deal with Russia equals less than two weeks of U.S. demand
  5. Zerohedge*TRUMP: TAIWAN TO BUY 30% OF GAS FROM ALASKA PROJECT OVER 20 YRS
  6. Cablefxmacro🇺🇸🇹🇼*TRUMP: TAIWAN TO BUY 30% OF GAS COMING OFF ALASKA PIPELINE