AI Energy Demands Will Underpin Oil and Gas Industry Messaging

Aug. 20, 2024, 8:27 PM UTC

Powering artificial intelligence technology will require significantly more oil and natural gas in the next few decades, the head of the industry’s leading trade group said in an interview at the Democratic National Convention in Chicago Tuesday.

“We’re at risk of losing the war for AI dominance if we don’t have a reliable grid,” American Petroleum Institute President and CEO Mike Sommers said, previewing some of the group’s messaging to Democrats this week as he emphasizes the need for more US energy production regardless of who wins the White House. “Natural gas and oil are going to continue to play ...

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