Since taking over as CEO of Berkshire Hathaway, Greg Abel has adjusted the company's stock portfolio, but its energy assets, such as Chevron, Occidental Petroleum, and Berkshire Hathaway Energy, have remained largely untouched. Analysts believe this could signal Abel's strong conviction in the energy sector, especially given the surge in electricity demand driven by artificial intelligence (AI), with approximately half of Berkshire Hathaway Energy's business already serving AI-related power needs. Although some also suggest this might simply be out of respect and caution, Abel's move, as an energy industry veteran, is seen as a strategic bet on future energy demand growth.