U.S. will fall behind in the AI race without natural gas, Williams Companies CEO says

Alan Armstrong, chief executive officer of Williams Cos., speaks at the 2024 CERAWeek by S&P Global conference in Houston, Texas, US, on Wednesday, March 20, 2024.  F. Carter Smith | Bloomberg | Getty Images The U.S. will fall behind in the artificial intelligence race if it does not embrace natural gas to help meet surging … Read more

Failure to meet surging energy demand will jeopardize economic growth, utility execs warn

The sun sets behind power lines near homes during a heat wave in Los Angeles, Sept. 6, 2022. Patrick T. Fallon | Afp | Getty Images The largest utility companies in the U.S. are warning that the nation is facing a surge of electricity demand unlike anything seen in decades, and failure to rapidly increase … Read more

U.S. needs major nuclear power expansion, Southern Company CEO says

The United States needs to build a significant number of nuclear plants to supply surging energy demand while also meeting climate goals, the CEO of Southern Company said at an event on Thursday. “This country will need more nuclear plants going forward,” Chris Womack said at the Reuters Global Energy Transition conference in New York … Read more

AI could drive natural gas boom as utilities face surging electric demand

A chimney from the Linden Cogeneration Plant is seen in Linden New Jersey April 22, 2022.  Kena Betancur | View Press | Corbis News | Getty Images Natural gas producers are planning for a significant spike in demand over the next decade, as artificial intelligence drives a surge in electricity consumption that renewables may struggle … Read more

Tesla Stock Down 40 Percent Over Last Year, Wiping Away $312 Billion In Market Cap

Good morning! It’s Friday, April 19, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: Tesla’s Stock Is In Freefall It has been an absolutely dismal year for Tesla’s stock price … Read more