EQT Sees Strong Data Center Driven Gas Demand Growth by 2030

The data center boom is driving increased demand for natural gas in the United States, with the AI and tech industry set to account for the largest share of new demand in America.   That’s the forecast of the biggest U.S. natural gas producer, EQT Corporation, which is bullish on the short and long-term demand prospects as power utilities scramble to provide electricity to the new data centers. EQT looks to tap new gas customers in Virginia, the center of the AI boom, chief executive officer Toby Rice told Bloomberg in a recent interview.…