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U.S. will fall behind in the AI race without natural gas, Williams Companies CEO says - TL;DR CNBC

U.S. will fall behind in the AI race without natural gas, Williams Companies CEO says

Publishing timestamp: 2024-07-19 13:59:35


Summary

Williams Companies CEO believes natural gas is crucial for meeting surging electricity demand from data centers to maintain U.S. leadership in AI. While some argue for renewable energy sources, Williams projects significant growth in natural gas demand and is expanding capacity on its pipelines. Stock has been performing well with potential for further growth.


Sentiment: MIXED

Tickers: KMIDWMBSO

Keywords: southern cowilliams companies inctechnologybreaking news: marketsbreaking news: technologyenergymarketsbusiness newskinder morgandominion energy inc

Source: https://www.cnbc.com/2024/07/19/us-will-fall-behind-in-the-ai-race-without-natural-gas-williams-companies-ceo-says.html


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