AI boom will drive U.S. energy expansion

oilprice.com

Interior Secretary Doug Burgum predicts AI data centers will drive significant U.S. energy expansion, offsetting current low oil prices. He stated that the tech sector is becoming the largest global energy consumer, creating a structural boost in long-term demand that will benefit shale producers. Burgum also highlighted a new EU energy trade pact and updated Gulf of Mexico resource estimates as positive signals for the energy industry's future growth.


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AI boom will drive U.S. energy expansion | News Minimalist