The aim of this study was to explore the evolution and release rule of internal energy storage in the process of coal and gas outburst and to further reveal the mechanism of coal and gas outburst from the perspective of energy. In this paper, the experiment of gas expansion energy release of coal samples under different adsorption pressures and with different moisture contents was carried out with the self-developed experimental device for release of gas-bearing coal expansion energy under load, and the energy of the whole outburst process was divided into three parts: the total expansion energy of gas, the energy consumed by destroying and throwing out coal body and the energy released inefficiently. On the basis of reasonable assumption, the energy evolution calculation model of each part was constructed with mathematical method. By analyzing the changes and distribution rules of three parts of energy under different experimental conditions, this paper explored the controlling effects of gas pressure, water content, and other variables on the energy evolution rules in the process of coal and gas outburst. Experimental and theoretical studies showed that in the gas-dominated coal and gas outburst process, the destruction of coal body was in the form of stratification; under each experimental condition, there existed a critical gas pressure value for the occurrence of coal and gas outburst, and there was a sudden change of energy evolution near this value; the existence of water made the critical pressure and the minimum energy consumption of coal and gas outburst increase obviously; under the experimental conditions, there was a linear relationship between the critical gas pressure and water content and a positive exponential relationship between the minimum energy consumption and water content.