The Permian Basin is Fueling America's Electric Future ...Middle East

OILPRICE - Economy
The Permian Basin is Fueling Americas Electric Future
source : OILPRICE ( Middle East ) () 25
The growth in US power demand is surging to its highest rate in decades, driven first by the electrification of oil and gas production and then by the build out of data centers. While still below the 5-10% growth seen in China, the world’s first “electrostate," the US power sector is experiencing rapid structural growth. The country is delivering more than a 3.5% annual power demand growth rate for the first time in several decades, potentially positioning the US as the world’s next “electrostate,” despite the strong…

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