Chevron CEO Mike Wirth predicts surging demand for natural gas due to electricity consumption from AI and data centers.
Chevron CEO Mike Wirth predicts surging demand for natural gas due to electricity consumption from AI and data centers.

Mischief Managed

Hello there dear Muggles and wizards alike! It seems that Chevron CEO Mike Wirth while not a wizard himself has made a prophecy of sorts about the future of natural gas demand in the magical world of electricity consumption. It's like Divination class but with more power generators and less crystal balls.

Expecto Patronum!

According to Wirth with the rise of artificial intelligence and data centers the demand for natural gas is expected to skyrocket. It's like a Dementor's kiss but instead of sucking out your soul it's sucking up all that natural gas!

Sectumsempra!

Wirth also mentioned that while wind and solar power offer some relief they still can't handle the load when it comes to peak demand. Looks like we need a steady supply of power like a good old Patronus charm to ward off the darkness when the sun sets.

Accio Natural Gas!

With coal plants vanishing faster than a disappearing cabinet at Hogwarts and nuclear power being as expensive as a Firebolt broomstick it seems that natural gas is the new magical solution to provide reliable baseload supply. Better stock up on those natural gas reserves like you're preparing for an inevitable duel with He Who Must Not Be Named!

Wingardium Leviosa!

Research from Wells Fargo even suggests that electricity demand in the U.S. could surge by a staggering 20% by 2030. That's a lot of lumos power needed to keep the lights on! Looks like natural gas will be waving its wand and providing the magic needed to meet these growing demands.

Yer a Natural Gas Wizard Harry!

Goldman Sachs is betting big on natural gas forecasting that it will cover 60% of the new electricity demand from data centers while renewable energy swoops in with the remaining 40%. Looks like natural gas pipeline operators are the new wizards on the block ready to cash in on this magical surge in demand.


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