---
title: "A 'knife fight' is coming as AI boom creates a natural gas crisis"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293645749.md"
description: "Matthew Smith warns of a potential U.S. natural gas shortage by 2028, driven by LNG export growth consuming most production increases. Rising energy costs, already 10% of AI compute expenses, could reach 30% if prices double, threatening hyperscaler profit margins."
datetime: "2026-07-23T16:25:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293645749.md)
  - [en](https://longbridge.com/en/news/293645749.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293645749.md)
generator: "portal-rs"
---

# A 'knife fight' is coming as AI boom creates a natural gas crisis

Quick ReadMatthew Smith warns a structural U.S. natural gas shortage could emerge by 2028, as LNG export growth consumes most of the projected 20 Bcf/day production increase.Energy already makes up 10% of AI compute costs but could hit 30% if natural gas prices double, threatening hyperscaler profit margins.Natural gas producers, nuclear generators...

### Related Stocks

- [LNG.US](https://longbridge.com/en/quote/LNG.US.md)
- [UNL.US](https://longbridge.com/en/quote/UNL.US.md)
- [KOLD.US](https://longbridge.com/en/quote/KOLD.US.md)
- [UNG.US](https://longbridge.com/en/quote/UNG.US.md)
- [BOIL.US](https://longbridge.com/en/quote/BOIL.US.md)
- [FCG.US](https://longbridge.com/en/quote/FCG.US.md)
- [LNGZ.US](https://longbridge.com/en/quote/LNGZ.US.md)
- [GUSH.US](https://longbridge.com/en/quote/GUSH.US.md)
- [DRIP.US](https://longbridge.com/en/quote/DRIP.US.md)

## Related News & Research

- [Cheniere Corpus Christi gas intake remains depressed, indicating ongoing maintenance](https://longbridge.com/en/news/296805552.md)
- [GLOBAL LNG-Asian spot LNG prices hit five-month high on Hormuz impasse](https://longbridge.com/en/news/296623234.md)
- [EUROPE GAS-Prices firm as U.S.-Iran peace looks more elusive](https://longbridge.com/en/news/296196740.md)
- [Nat-Gas Prices Supported by Hot US Weather](https://longbridge.com/en/news/296821630.md)
- [Bank of New York Mellon Corp Takes $502.01 Million Position in Cheniere Energy, Inc. $LNG](https://longbridge.com/en/news/296675518.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**