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Data centers do not run on barrels of oil. They run on grid power. Oil was only about 0.7% of U.S. utility-scale electricity generation last year. That means the real AI bottleneck is not crude. It is cheap power plus the grid infrastructure to deliver it. Cheap electricity powers compute. And compute is becoming economic power. Click the link in my profile if you want the trades we’re watching as the AI buildout moves from chips into the power stack.
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