# Trump’s $54 Billion Election Pitch for Alaska LNG Is Its Undoing

https://mins.news/en/item/82312

- Bloomberg News, 2026-10-01 18:00 UTC
- Economy
- Original: https://www.bloomberg.com/opinion/articles/2026-10-01/alaska-lng-s-54-billion-political-pitch-is-its-undoing?link_source=ta_bluesky_link&taid=6abe9fc2aa92170001cbf257

> President Donald Trump said Wednesday that South Korea would invest $54 billion in a massive Alaska LNG project. His portrayal made the long-dormant venture sound almost miraculous: not only would it finally be built with foreign funding, but it would also secure its future just before the midterms, coincidentally in a state facing a pivotal, tightly contested Senate race.

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