EQT now runs the gas pipeline to the future

The story

EQT is set to become the top U.S. natural gas producer after acquiring Range Resources for $12.8 billion, driven by rising domestic and global demand for gas, particularly for data centers and exports.

Source: fortune.com

Our reading

EQT is now the undisputed king of natural gas, and the only thing bigger than its new empire is the amount of data centers it’s trying to power. The company’s CEO says it’s all about preparing for the future, but the real future they’re preparing for is the one where every server farm in the world needs a gas bill.

The deal includes 3,700 miles of pipelines, which is more than enough to connect every tech mogul’s mansion to the nearest well. If they’re not careful, they’ll end up running the entire internet on a single, well-timed fracking operation.

With a new title as the nation’s gas champion, EQT is now in the business of making sure that every AI model, every cloud server, and every cryptocurrency miner has a steady supply of natural gas—because nothing says ‘innovation’ like burning fossil fuels to power your future.