Big Tech's AI power needs left a Jerry Jones-backed Texas gas giant sitting on the 'holy grail' of supply
The AI boom has spiked energy demand, and as Big Tech firms and data center developers have scrounged for power, the fastest way to meet that demand has been with natural gas. In Texas, natural gas producer Comstock Resources (CRK) is sitting on what it calls the "holy grail" of gas-rich land, company executives said during the most recent earnings call. The key to success for the company — whose largest shareholder is Dallas Cowboys owner Jerry Jones — is a portfolio of land, acquired in 2019, throughou ...