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US natgas producers chase AI-driven surge in power demand to weather low prices

Shale gas producers in the U.S. Permian Basin are sounding out data-center operators building up capacity to power a boom in AI applications, aiming to ease the pressure from a nearly two-year slump in the prices of the commodity.

Posted by Hicham ALAOUI RIZQ on 2024, Nov 21

Introduction

Shale gas producers in the U.S. Permian Basin are sounding out data-center operators building up capacity to power a boom in AI applications, aiming to ease the pressure from a nearly two-year slump in the prices of the commodity.

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