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.
Perry's Plans to Revive Coal Would Kill Aspirations for a Free Market
Perry's proposal would put the government's thumb on the scale for coal. When the Trump administration decides it wants to help coal, or any other industry, it's already on the path to the same kinds of crony capitalism it criticized from the Obama administration.
Democrats Dig for Russian Connection and Uncover Environmentalists
When you dig a hole you sometimes run across things you wish had remained buried.
Eagle Ford Output Rebounds After Harvey
Merrill Matthews, an analyst with the independent Institute for Policy Innovation, said while Harvey "was certainly a disruption event, the remarkable thing it wasn’t more disruptive," to energy markets.
Survey: Electric Vehicles Fail to Spark Consumer Sales
The Chevy Bolt, touted by electric car advocates as the plug-in electric vehicle for the masses, has yet to make significant inroads into overall car and truck sales.
US Energy Is Surviving Hurricane Season Unscathed
The hurricanes have undoubtedly been devastating, but they proved that the energy sector is strong — and getting stronger.
Environmentalists Can Be Their Own Worst Enemies
Americans want a clean and healthy environment. But until some of the most outspoken environmentalists abandon the inconsistencies and hypocrisies, the public is likely to continue tuning them out.
President Trump Was Right About China and the Paris Agreement
Trump isn't bringing coal back, China is, thanks to the Paris climate agreement.
Energy Independence Is Close, but Not Close Enough
The U.S. is becoming a net natural gas exporter, which is one step closer to energy independence.
Why So Many Americans Ignore (Fake) Science
The public is increasingly immune to doom-and-gloomers who use fake science, or fad science, to make outlandish claims because the "experts" so often reverse themselves within a few years.
United States Is Still World's Largest Oil and Natural Gas Producer; EIA Reports
Merrill Matthews Jr., Ph.D., a resident scholar at the Institute for Policy Innovation, credits two factors with driving U.S. energy dominance: property rights and technology.
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