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U.S. will fall behind in the AI race without natural gas, Williams Companies CEO says [Video]

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AI Behavioral Targeting

Alan Armstrong, chief executive officer of Williams Cos., speaks at the 2024 CERAWeek by S&P Global conference in Houston, Texas, US, on Wednesday, March 20, 2024. 

F. Carter Smith | Bloomberg | Getty Images

The U.S. will fall behind in the artificial intelligence race if it does not embrace natural gas to help meet surging electricity demand from data centers, the CEO of one of the nation’s largest pipeline operators told CNBC.

“The only way we’re going to be able to keep up with the kind of power demand and the electrification that’s already afoot is natural gas,” Williams Companies CEO Alan Armstrong said in an interview Thursday. “If we deny ourselves that we’re going to fall behind in the AI race.”

Williams Companies handles about one-third of the natural gas in the U.S. through a pipeline network that spans more than 30,000 miles. Williams’ network includes the 10,000 mile Transcontinental Pipeline, or Transco, a crucial artery that serves virtually …

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