u/MeloVH

Hyperscalers' AI buildout will require massive amounts of energy.
▲ 8 r/CNBC+1 crossposts

Hyperscalers' AI buildout will require massive amounts of energy.

Saw this post from CNBC’s Brian Sullivan about how the AI boom is creating a huge new source of electricity demand. As Amazon, Microsoft, Google and Meta keep building AI data centers, Sullivan says the US power grid and energy sector will need major expansion to keep up. It’s wild to think AI’s growth could end up reshaping energy markets just as much as tech itself. Can the US energy infrastructure realistically keep pace with AI demand over the next decade?

cnbc.com
u/MeloVH — 24 hours ago
▲ 85 r/energy

Could U.S. Gas Prices Hit $5 Next Month?

GasBuddy Head of Petroleum Analysis Patrick De Haan says "if the Strait doesn't re-open soon, I believe we could see the national average price of gasoline reaching $5/gal as early as sometime in June." Do you agree?

reddit.com
u/MeloVH — 2 days ago
▲ 60 r/energy

Brent oil tops $103 after Trump dismisses Iran’s peace proposal response

WTI and Brent are both up around 40% since the U.S. and Isreali-led war against Iran started on Feb. 28.

cnbc.com
u/MeloVH — 3 days ago
▲ 22 r/energy

Saudi Aramco Q1 profit jumps 26% as key pipeline reaches capacity amid Iran war

“Our East-West Pipeline, which reached its maximum capacity of 7.0 million barrels of oil per day, has proven itself to be a critical supply artery, helping to mitigate the impact of a global energy shock and providing relief to customers affected by shipping constraints in the Strait of Hormuz,” Aramco CEO Amin Nasser said in a statement.

cnbc.com
u/MeloVH — 4 days ago