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Toby Rice

President, Chief Executive Officer & Director, Eqt

Search every verified Toby Rice interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Toby Rice, president and CEO of EQT, has been promoting the concept of "energy abundance" in recent public appearances. In a June 2026 speech at the ARC Conference, Rice argued that the world needs to triple energy production and consumption to lift billions out of energy poverty, stating that doing so could increase global GDP fivefold. He criticized the net-zero movement, saying it "created a world where energy had become the enemy and scarcity was celebrated." On CNBC in July 2026, Rice discussed EQT's quarterly results, noting that production beat guidance and that the company was increasing its production forecast by over 90 BCF while reducing capital expenditures. He also highlighted the company's role in meeting growing natural gas demand, citing over 45 projects totaling about 20 BCF per day of potential demand, much of which he said would appear in Appalachia. In other appearances, Rice addressed the impact of geopolitical events on energy markets. On CNBC in June 2026, he stated that the Iran situation had "laid waste" to concerns that LNG exports would raise domestic prices, noting that international prices rose 50-80% while U.S. natural gas prices dropped. On the podcast "Longer Laterals," Rice discussed EQT's record for the longest lateral well drilled in the continental U.S., measuring over 5.12 miles, and emphasized the need for permit reform, saying "it should be harder to do the subsurface than it is the surface." He also expressed excitement about the "energy dominance" agenda, describing it as the most exciting time to be in energy since the shale revolution.

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