Energy Transfer (ET) Becomes Major Natural Gas Supplier for AI

Energy Transfer (NYSE:ET) has emerged as a significant natural gas supplier for AI data centers, leveraging its nearly 107,000 miles of pipelines. The company has secured multiple agreements, including supplying approximately 900,000 Mcf/d of gas to Oracle's data centers and 150,000 Mcf/d to Nexus's AI hyperscale campus. Additionally, a 20-year contract with Entergy will provide at least 250,000 MMBtu/d starting in December 2028 to support Meta Platforms' data centers. These developments position Energy Transfer favorably in the growing AI power market, which is crucial for ordinary investors monitoring energy demand trends.