Trump Vows To Power AI Boom With Expanded Oil Drilling: 'Need Double The Electricity At Least That We Have Right Now'

Trump Vows To Power AI Boom With Expanded Oil Drilling: 'Need Double The Electricity At Least That We Have Right Now'
benzinga.com

by Piero Cingari • 28 days ago

President-elect Donald Trump emphasized artificial intelligence and expanded oil drilling as key components of his economic strategy. He pledged to increase U.S. energy production to meet the growing demands of AI, criticizing Biden's offshore drilling ban. Trump proposed streamlined environmental permitting to expedite large-scale energy projects and boost competitiveness against China. His remarks positively affected U.S. oil and gas stocks, while the AI sector faced declines.

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