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Related: About this forumTrump and the Energy Industry Are Eager to Power AI With Fossil Fuels
https://www.wired.com/story/trump-energy-industry-ai-fossil-fuels-pittsburgh-summit/?_sp=96205ed3-b598-4e02-8d14-3c01be55098e.1752742130075Molly Taft - Science - Jul 16, 2025 12:16 PM
Trump and the Energy Industry Are Eager to Power AI With Fossil Fuels
At a Pittsburgh summit, the Trump administration, energy executives, and tech barons joined as one to promote AI as the future of fossil fuels.
At the high-profile summit on Tuesdaywhere, in addition to Sacks, panelists and attendees included Anthropic CEO Dario Amodei, Google president and chief investment officer Ruth Porat, and ExxonMobil CEO Darren Woodscompanies announced $92 billion in investments across various energy and AI-related ventures. These are just the latest in recent breakneck rollouts in investment around AI and energy infrastructure. A day before the Pittsburgh meeting, Mark Zuckerberg shared on Threads that Meta would be building titan clusters of data centers to supercharge its AI efforts. The one closest to coming online, dubbed Prometheus, is located in Ohio and will be powered by onsite gas generation, SemiAnalysis reported last week.
For an administration committed to advancing the future of fossil fuels, the location of the event was significant. Pennsylvania sits on the Marcellus and Utica shale formations, which supercharged Pennsylvanias fracking boom in the late 2000s and early 2010s. The state is still the countrys second-most prolific natural gas producer. Pennsylvania-based natural gas had a big role at the summit: The CEO of Pittsburgh-based natural gas company EQT, Toby Ricewho dubs himself the peoples champion of natural gasmoderated one of the panels and sat onstage with the president during his speech.
All this new demand from AI is welcome news for the natural gas industry in the US, the worlds top producer and exporter of liquefied natural gas. Global gas markets have been facing a mounting supply glut for years. Following a warm winter last year, Morgan Stanley predicted gas supply could reach multi-decade highs over the next few years. A jolt of new demandlike the demand represented by massive data centerscould revitalize the industry and help drive prices back up.
Natural gas from Pennsylvania and the Appalachian region, in particular, has faced market challenges both from ultra-cheap natural gas from the Permian Basin in Texas and New Mexico as well as a lack of infrastructure to carry supply out of the region. These economic headwinds are why the industry is doing their best to sort of create this drumbeat or this narrative around the need for AI data centers, says Clark Williams-Derry, an energy finance analyst at the Institute for Energy Economics and Financial Analysis. It appears to be working. Pipeline companies are already pitching new projects to truck gas from the northeastresponding, they say, to data center demand.
Trump and the Energy Industry Are Eager to Power AI With Fossil Fuels
At a Pittsburgh summit, the Trump administration, energy executives, and tech barons joined as one to promote AI as the future of fossil fuels.
At the high-profile summit on Tuesdaywhere, in addition to Sacks, panelists and attendees included Anthropic CEO Dario Amodei, Google president and chief investment officer Ruth Porat, and ExxonMobil CEO Darren Woodscompanies announced $92 billion in investments across various energy and AI-related ventures. These are just the latest in recent breakneck rollouts in investment around AI and energy infrastructure. A day before the Pittsburgh meeting, Mark Zuckerberg shared on Threads that Meta would be building titan clusters of data centers to supercharge its AI efforts. The one closest to coming online, dubbed Prometheus, is located in Ohio and will be powered by onsite gas generation, SemiAnalysis reported last week.
For an administration committed to advancing the future of fossil fuels, the location of the event was significant. Pennsylvania sits on the Marcellus and Utica shale formations, which supercharged Pennsylvanias fracking boom in the late 2000s and early 2010s. The state is still the countrys second-most prolific natural gas producer. Pennsylvania-based natural gas had a big role at the summit: The CEO of Pittsburgh-based natural gas company EQT, Toby Ricewho dubs himself the peoples champion of natural gasmoderated one of the panels and sat onstage with the president during his speech.
All this new demand from AI is welcome news for the natural gas industry in the US, the worlds top producer and exporter of liquefied natural gas. Global gas markets have been facing a mounting supply glut for years. Following a warm winter last year, Morgan Stanley predicted gas supply could reach multi-decade highs over the next few years. A jolt of new demandlike the demand represented by massive data centerscould revitalize the industry and help drive prices back up.
Natural gas from Pennsylvania and the Appalachian region, in particular, has faced market challenges both from ultra-cheap natural gas from the Permian Basin in Texas and New Mexico as well as a lack of infrastructure to carry supply out of the region. These economic headwinds are why the industry is doing their best to sort of create this drumbeat or this narrative around the need for AI data centers, says Clark Williams-Derry, an energy finance analyst at the Institute for Energy Economics and Financial Analysis. It appears to be working. Pipeline companies are already pitching new projects to truck gas from the northeastresponding, they say, to data center demand.
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Trump and the Energy Industry Are Eager to Power AI With Fossil Fuels (Original Post)
OKIsItJustMe
Thursday
OP
NJCher
(40,760 posts)1. This sounds like
The match made in hell.