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Trump forces higher natural gas and electricity prices on Americans: Gives TotalEnergy (French FFS) $1B to cancel wind to reinvest in US LNG

United States: TotalEnergies Signs Agreements with U.S. Department of Interior to End its U.S. Offshore Wind Projects

Washington DC, March 23, 2026 – TotalEnergies has signed settlement agreements with the United States Department of the Interior (DOI) to relinquish its Carolina Long Bay lease (Lease OCS-A 0545) and ...

cross-posted from: https://lemmy.ca/post/62291882

LNG means higher natural gas prices for Americans as it is exported to other more profitable markets. Less wind means needing more fossil fuel powered electricity, also raising electricity and heating costs.

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