Here’s how I’m positioning my portfolio for the AI boom without buying more AI stocks.
By 2030, AI data centers are projected to use more electricity than the entire country of Japan.
Right now, daily ChatGPT queries alone consume enough energy to power a major U.S. city.
Energy cost impacts the cost of everything.
You cannot add historic levels of new electricity demand and expect prices to fall long term.
So instead of chasing the shiny AI names, I’m buying what AI actually needs to survive.
Oil and natural gas still provide about 83 percent of global energy demand.
They generate strong cash flow.
They offer meaningful tax advantages.
And they are the proven backbone of the grid.
AI is the headline.
Energy is the foundation.
I would rather own the foundation.