EQT’s Rice Says Natural Gas Will Take “Lion’s Share” of AI Power

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Toby Rice
EQT President and CEO Toby Rice joined CNBC's 'Mad Money' host Jim Cramer on Friday to talk about the state of the energy sector, natural gas prices, energy development, and more. Rice claimed that natural gas will be a major source of power for the burgeoning AI boom. “We firmly believe that natural gas is going to take the lion’s share of power demand to meet this growing AI demand need,” Rice said. “And people need to understand, this is not just a luxury item, this is not just going to make our apps better, this is absolutely critical that America wins the AI race.”

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