With this low prices. There's a lot of oil demand that seems to be vanishing. I mean, there have been they are literally and we don't really know where it's going.Right. And but oil is cheap. And you remember oil averaged $60 a barrel in 2009.We are in 2025. Okay. And again, it was the nominal average.If you you know, if you adjust for inflation. Oil actually pretty cheap is way too pretty was in 2009. So even even I think we averaged 60 I think was in 2006 060.So we have relatively low oil prices compared ...

AI needs a staggering amount of energy, but who’s actually footing the bill? @davidgura talks to @Leonardonclt and @joshfromalaska about their team’s investigation into how the AI boom is sending consumers’ power bills soaring.🎙️ Listen now: https://t.co/CDKZEjxWqv https://t.co/nwrk0q0gGq ...

Let me ask all of you how are you all fine what a disaster you know with so much of science and technology and economy growing and you're only fine you know the humans modern humans are really not understanding what we wanting and trying to do in this worldce respect behind everything there is only one purpose that is to be happy. So that's why I made a rule wherever I'll go and speak I will only speak to happy people. So with this note let me ask once again how are you all happy very nice and what is the p ...

I'm pleased to say. I'm joined now by Pennsylvania's Democratic governor, Josh SHAPIRO. Governor, it's good to see you and thanks so much for joining Bloomberg.We want to talk to you today about energy consumption because you're at the first ever gathering of all the states that are served by the single largest U.S. power grid operator. PJM and PJM is sort of becoming a bellwether for the rest of the country. Nationwide, residential electricity prices are up 10% on the year.What concrete steps can be taken ...

China is seeking public feedback on revised rules for the polysilicon sector’s energy consumption, as the sector seeks to reduce excessive capacity that has dragged most producers into deep losses https://t.co/P6JtTZ8oMh ...

Energy Consumption of AI - Data centers could use 12% of all US electricity by 2028, enough to power over 55 million homes annually [1] - Generating text with AI can consume 0.17 to 2 watt-hours, equivalent to running a grill for about 4 seconds [3] - Generating an image with AI adds 1.7 watt-hours of energy consumption [3] - Short AI-generated videos can consume between 20 to 110 watt-hours [4] - Generating 1,872 720p clips for a short film could use roughly 110,000 watt-hours, enough to power an average US home for 3.5 days [5] Resource Utilization and Environmental Impact - AI and GPUs require significant power, leading to the growth in size and number of data centers [6] - Water is used in large quantities to cool the hot GPUs in data centers [5] Applications of AI - AI is used not only for entertainment purposes like generating videos, but also for critical applications such as drug discovery by companies like Bristol Meyers Squibb [6]

Energy Consumption & Economic Growth - Britain is uniquely wealthy while maintaining low per capita energy consumption [1] - Achieving GDP growth without increased power consumption is unprecedented [1]

As data centres get more energy-hungry, the hyperscalers get more creative https://t.co/X6o0ojmwdS ...

We’ve all heard about AI’s insatiable energy appetite, so WSJ columnist Joanna Stern tested it out by grilling some steaks using the equivalent amount of power that it takes AI to generate one video.Read more: https://t.co/oaMVA921iq https://t.co/E00V0seMGa ...

Energy Production and Demand - The US energy sector experienced a surge in energy consumption, posing a challenge to meet the rapidly rising demand [1][2] - The shale revolution has led to an explosion in US energy production, particularly in Pennsylvania, which exports more energy than any state except Texas [6] - Pennsylvania's energy production could grow massively but is limited by pipeline capacity for natural gas [6] - Artificial intelligence is identified as a new energy-intensive industry, driving significant investment plans from hyperscalers like Meta, Amazon, Microsoft, and Google, totaling hundreds of billions of dollars this year [3][4] Government and Policy - The current administration aims to enable private businesses to build and invest in energy infrastructure, rather than directly engaging in building [2] - The previous administration's policies were perceived as hindering American energy production, while the current agenda focuses on unleashing it [1][9] - The administration is not considering special tariff carve-outs for the energy industry, aiming to re-industrialize the United States [13][14] Oil Market Dynamics - US oil rig count has dropped 13% since late February, marking its longest contraction since 2020 [8] - US energy production is growing rapidly, potentially leading to lower profitability for producers and a pullback in activity [11] - Growth in demand for oil, driven by new investments and economic growth in the US, is expected to bump prices back up and keep drillers active [11] Trade and Tariffs - A 50% copper tariff is expected to accelerate copper mining in the United States, given the country's substantial copper resources [12][13] - Potential secondary tariffs on countries importing Russian energy supplies could drive oil prices up [16][17]