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.
The French Gas Tax May Blow Up--in Other Countries
French President Macron's gas tax blew up in his face. Will others seeking to build a clean energy legacy on the backs of taxpayers learn a lesson?
France's Rollback of Carbon Taxes Seems Like a Setback for Environmentalists, But Progressives Are Determined to Impose Them
Imposing carbon and gasoline taxes is not about ways to pay for needed government services. It’s about progressives trying to fund their climate change agenda.
Replacing Unpopular Steel Tariffs With Quotas Is Even Worse for US Energy
If administration officials substitute steel tariffs for quotas, American energy firms would still struggle to secure the parts they need.They could be forced to postpone or cancel many pipeline projects.
The Gap Between Green-Energy Dreams and Reality in Two Pictures
Hardline environmentalists will claim we can easily and quickly transition to 100% renewable energy. We've heard these broken promises before.
The French Tell Macron Where to Stick His Gas Tax
French President Macron is shocked his constituents don't want to pay higher taxes so he can claim to be a clean-energy leader. Are U.S. progressives listening?
Pipeline Paralysis: The Left's Latest Fossil Fuel Obstruction Tactic
The U.S. economy is growing, in part because of a booming energy industry. Yet, not everyone is pleased and some are looking for and finding ways to throttle fossil fuel production.
Will Californians Strike a Blow for Lower Gas Taxes and Gasoline Prices?
States need to be held accountable for their spending decisions. If they claim they need a gasoline tax increase in order to repair roads, that’s where the money should go. But they won’t do that unless voters hold them accountable, and Californians have a chance to do that in November.
Brown's Dream of Banning Fossil Fuels is a 21st Century Pipe Dream
Gov. Jerry Brown is foisting very high prices on Californians by pushing an all-renewable-energy dream, even as he tries to hide the state’s reliance on fossil fuels.
Production on the Rise
Referring to a possible cutoff of Mideast oil, Merrill Matthews, resident scholar with the Institute for Policy Innovation in Dallas, Texas, said the good news is that the United States has the resources and the ability to fill the gap, and rising crude oil prices could serve as the catalyst to do so.
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