USA News Group News Commentary
Issued on behalf of Prairie Operating Co.
VANCOUVER, BC, July 15, 2025 /CNW/ -- Thanks to the rise of more and more AI data centers, the USA is faced with a very real threat in terms of surging demand for electricity, causing a renewed fascination with utilities. A new DOE reliability study warns that, if firm capacity keeps retiring while AI-driven load soars, the annual risk of power outages could jump by "a factor of one-hundred" as soon as 2030. And while there's talk about nuclear power emerging as a clean AI data center energy source, oil and gas is being touted as a medium-term interim solution. Citing "very strong" oil demand in Q3, OPEC announced its plan to ramp up oil output, amid expectations of a near-term tight supply-demand balance. Meanwhile, the US Energy Information Administration's (EIA's) Annual Energy Outlook 2025 projects US crude oil and natural gas production growth to remain relatively high through 2030. This has all culminated in increased market attention to oil and gas stocks that are thriving and adding countless barrels of production, including updates from Prairie Operating Co. (NASDAQ: PROP), Permian Resources Corporation (NYSE:PR), Matador Resources Company (NYSE: MTDR), Chord Energy Corporation (NASDAQ: CHRD), and Northern Oil & Gas, Inc. (NYSE:NOG).
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