Can natural gas supply handle the AI boom?

Natural gas can scale faster than the power grid for AI load, but LNG competition and winter peak-day volatility—not sustained high prices—are the real constraints.

• Faster but still constrained: Natural gas pipeline builds take 8 months to 6 years vs. years-long electricity transmission fights, but the market has been capacity-constrained for a decade as production nearly doubled from ~65 to ~113 BCF/day.
• LNG dwarfs data centers: US LNG exports run ~19-20 BCF/day versus a projected ~5 BCF/day of behind-the-meter data center demand over five years, out of ~120 BCF/day total market.

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