Energy Transfer Is Taking Its First Step to Cash In on AI-Fueled Natural Gas Demand

Artificial intelligence (AI) requires a tremendous amount of electricity to power the specialized chips needed to run this technology. Because of that, many forecasters expect that natural gas demand will accelerate in the coming years as companies build more power plants to support AI data centers. This trend should enable pipeline companies to transport more gas in the future. As a leading natural gas pipeline operator, Energy Transfer (ET 0.80%) is in an excellent position to capitalize on the expected A ...