U.S. natural gas exports may more than double by 2030 amid rising AI-driven power demand, creating a potential supply deficit.
A leading investment strategist forecasts U.S. natural gas exports will rise from 15 billion cubic feet per day to 35 Bcf by 2030, driven by surging power demand from artificial intelligence and energy constraints. The shift could erase current excess supply and trigger a 5 Bcf daily deficit before AI demand fully materializes.
Natural gas accounts for over 40% of U.S. power generation, positioning it as a critical fuel amid declining alternatives. Structural demand shifts are expected to accelerate in 2027-2028, with meaningful supply drawdowns projected by mid-2028.
The analysis highlights natural gas as an overlooked opportunity in the broader energy market, contrasting with the focus on oil prices and semiconductor shortages.