Access to abundant, affordable energy is a key factor in economic growth, whether supplying the manufacturing plants of the 20th century or the server farms of the 21st century. Unfortunately, the federal government has placed unreasonable restrictions on domestic exploration and development, and foreign sources are sometimes actually hostile to our own interests.
New discoveries and innovative technologies have made possible the extraction of enormous new energy resources within the United States. The U.S. possesses not only enormous natural energy resources but also the technology to extract those resources in a responsible manner.
IPI believes that the United States should become as energy self-sufficient as possible, drawing upon a diverse energy base comprised of all possible energy resources. We believe that free people operating within a free economy using voluntary risk capital will out-innovate government-directed central planning funded by taxpayer dollars. The key to energy innovation is abundant capital, a tax system that rewards rather than punishes success, an intellectual property system that allows innovators to own the fruits of their research, and a regulatory environment that balances the needs of our economy with the protection of the environment.
Steel Tariffs Steal Your Gasoline Savings
President Trump’s pro-energy policies are on a collision course with his protectionist policies. Let’s hope, for the sake of the economy and energy independence, his energy policies prevail.
The 'Little Green Dream' Kills the 747 But Saves Earth
It's being described as progressive and ambitious, or laughable and silly, but the "Green New Deal" is definitely making headlines regardless of your views on fossil fuels, air travel, and cow flatulence.
Is the Green New Deal Even Feasible?
Rep. Alexandria Ocasio-Cortez (D-N.Y.) and Sen. Ed Markey (D-Mass.) have just released their Green New Deal resolution, which they hope will move America to 100% clean and renewable energy by 2030. Given current U.S. energy requirements and the state of renewable energy technology, it's an impossible goal.
The White House Whiffs on Energy Reform
The EPA just announced a plan designed to reduce the number of regulations saddling the natural gas industry. The intention is sound. But the plan won't succeed — as it'll keep many of the rules that are unnecessary and duplicative in place.
Venezuelan Socialism Destroyed Its Energy Industry--and the Country
Socialism has destroyed Venezuela's energy industry, which cut off one of the country's primary revenue sources. For some reason, U.S. democratic socialists think that's a good model.
SOTU: While Democrats Push for Bigger Government, Trump Can Highlight Some Big Achievements
President Trump delivers his first State of the Union address before a divided Congress on Tuesday night, where his priorities to unfetter the private sector, rev up economic engines and enhance national security will starkly contrast Democrats’ increasingly socialist-leaning platform.
House Democrats Propose 'Green New Deal' to Reshape the Economy
Rep. Alexandria Ocasio-Cortez (D-NY) is pushing legislation she calls a “Green New Deal (GND)” to eliminate the United States’ use of fossil fuels and replace them with select renewable sources of energy.
As Putin Props Up Maduro, Trump Heats Up U.S. Energy to Undermine Russian Global Mischief
A new round of White House executive actions may be coming to boost the U.S. energy industry against Russia, an ongoing effort that’s hitting Russia’s pocketbook and making it more difficult for Vladimir Putin to use oil and gas as a foreign policy weapon to promote his agenda.
President Trump Gets No Credit for Helping Defund Vladimir Putin
We don't know whether there was any Trump-Putin collusion; but we do know that Trump's energy policies are reducing Russia's revenue and making it harder for Putin to engage in global mischief.
Putin Wants a Dark OPEC to Control Global Oil and Gas Markets
Putin envisions a kind of “Dark OPEC” that controls enough of the world’s crude oil and natural gas to manage supply, dictate prices and engage in political mischief.