Data center operators may cut supply agreements directly with natural gas companies to meet the growing power demands of the artificial intelligence boom, CNBC's Jim Cramer predicted Wednesday.
In fact, the CEO of oil-and-gas producer Coterra Energy told Cramer the company is considering whether to do just that.
However, many energy industry experts think natural gas also will play a critical part in meeting AI-related power needs .
Those dynamics explain why Cramer asked Jorden whether data-center companies should strike multiyear agreements with natural gas companies that lock in supply of the commodity at consistent prices.
You know, there's a lot of natural gas in this country ready to be brought to market," Jorden told Cramer.
Persons:
Jim Cramer, Coterra Energy, Cramer, Coterra, Thomas Jorden, EQT, CTRA @NG, —, Jorden
Organizations:
Coterra, CNBC Investing Club, CNBC, Gas, Microsoft —
Locations:
Houston, Pittsburgh, U.S