Electricity Costs, AI Demand, and Venezuela's Oil Reality. Guest: BUD WEINSTEIN. Rising US electricity prices, up 30-35% over five years, are driven by data center and AI growth alongside infrastructure underinvestment. Meanwhile, Venezuelan oil is deemed
Season 8 Episode 318 · Jan 15, 01:13 AM
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Electricity Costs, AI Demand, and Venezuela's Oil Reality. Guest: BUD WEINSTEIN. Rising US electricity prices, up 30-35% over five years, are driven by data center and AI growth alongside infrastructure underinvestment. Meanwhile, Venezuelan oil is deemed impractical for US demand due to high extraction costs and political instability. Rebuilding these fields would require massive, high-risk investments.
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