EQT CEO says natural gas will ‘take the lion’s share’ of AI power demand

In a Friday interview with CNBC’s Jim Cramer, EQT CEO Toby Rice claimed that natural gas will be a major source of power for the burgeoning artificial intelligence 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.”

EQT is one of…