article NEW YORK — Natural gas drilling has changed the face of the global energy industry and the world of energy politics for decades, and it’s about to get a lot more expensive.
A growing body of scientific research indicates drilling for natural gas will increase the cost of energy in the future, and more and more states are taking a close look at the impacts on their energy bills, according to a report by the Center for American Progress.
The report, titled Natural Gas: A History of the Next Big Thing, was released Wednesday as the U.S. Energy Information Administration reported on the price of natural gas.
For the first time in history, the price per megawatt-hour of natural Gas is expected to surpass the cost per megahash-ton of coal.
It’s also expected to rise at a rate greater than coal over the next 30 years.
This means that natural gas is poised to be one of the world’s biggest winners in the energy transition, and will have a massive impact on the way Americans buy and consume energy.
In addition to natural gas, the report also looked at the price changes for renewable energy, which is increasingly being priced at a lower price than fossil fuels.
“This is a big deal,” said John Della Volpe, director of the Center on Energy Policy at CAP.
“The price of renewables is going to increase.”
Della Volfe said the report will give policymakers a better understanding of the future costs of renewable energy.
“The cost of wind, solar, biomass and biofuels is going down, and natural gas prices are going up,” Della Veuper said.
“So this report gives us a good idea of what is going on.
And it gives us an opportunity to start thinking about what we’re going to do about it.”
Natural gas prices have been on the rise over the last several years.
Prices of natural-gas liquids have risen to record levels, and have surpassed coal as the second-most expensive energy in 2014.
But in 2016, the U,S.
Supreme Court rejected a request by the New York State Energy Research and Development Authority to lower the state’s cap on natural gas consumption.
The ruling left the state with a choice: Allow prices to continue rising or have natural gas companies raise their prices.
According to CAP, a number of states have decided to take action to slow natural-as-solar prices.
California and New York both have rules limiting the amount of natural gasoline that can be sold at the pump.
New York, in particular, is looking to reduce natural gas demand and has mandated the state buy more renewable energy in an effort to reduce the carbon footprint of the natural gas industry.
Other states are also considering raising their gas prices to make up for the loss of natural resources, which have not yet been fully exploited by natural gas producers.
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