AI as a Lifeline for US Energy and Russian Economic Collapse Guest: Michael Bernstein Michael Bernstein describes how artificial intelligence, which is highly electricity intensive, is providing a "lifeline" to US shale energy, especially natural gas production in Texas, by creating substantial new demand for power infrastructure. This new supply is also fundamentally transforming the European energy landscape, where Russian dominance has been eliminated. Simultaneously, sanctions are forcing major Russian companies like Rosneft and Lukoil into "fire sales" of assets outside Russia at steep discounts.