EPA regulations to increase natural gas prices 150%

By: - Climate DepotApril 29, 2014 1:21 PM

The U.S. Energy Information Administration (EIA) projects that the accelerating rate of coal plant retirements will cause natural gas prices to rise from $3.44 per million British thermal units (Btu) in 2012 to $5.91 per million Btu in 2025. This would boost retail electricity rates for households and businesses from 9.8 cents per kilowatthour to 10.5 cents per kilowatthour — a 7 percent price jump by 2025.

a href=”http://dailycaller.com/2014/04/29/epa-regulations-set-to-increase-natural-gas-prices-by-150-percent/”>http://dailycaller.com/2014/04/29/epa-regulations-set-to-increase-natural-gas-prices-by-150-percent/