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.
U.S. Carbon Emissions Down to 1991 Levels
The U.S. Energy Information Administration recently announced that energy-related carbon emissions for the first six months of this year are down to their lowest level since 1991.
Fossil Fuels A Bedrock In Trump's Plan To "Make America Great Again"
Matthews said the push for renewable fuels envisioned by Clinton "is a drain on the federal coffers."
No End in Sight for Standing Rock Protest Against Dakota Access Pipeline
Protesters say the pipeline that would carry crude oil across four states to Illinois is a threat to sacred land, and to the Missouri River. But Merrill Matthews says since the government and company reached out for input, brought in archaeologists to produce cultural surveys involving land and rerouted the pipeline in different areas to avoid "certain sensitive areas," the environmental community sees fighting pipelines as a next major way to be able to try to essentially hinder the fossil fuel industry.
Obama's Surprise Economic Legacy: Energy Exports
President Obama’s most important economic legacy has come at the end of his eight-year term. By ending the 40-year ban on U.S. crude oil exports and permitting the export of liquefied natural gas (LNG), the U.S. is on its way to becoming an energy exporting powerhouse, says a new IPI publication.
Exporting Oil and Gas Will Import Economic Growth
Opening up the export of crude oil and natural gas has been one of the Obama administration's few pro-growth policies, because it will increase fossil fuel production, growing jobs and helping our energy-dependent allies.
Native Americans Condemn the Dakota Pipeline, the Law Doesn't
Raising concerns about threats to Indian historic sites is simply a tactic the Left is using to achieve its larger goal: ending the use of fossil fuels. It successfully employed similar tactics when fighting the Keystone XL pipeline.
Ford Building Cars in Mexico
Blame for Ford's Mexico Move Falls On Obama Administration
"By moving their small cars to Mexico, which has skilled but cheaper labor, Ford hopes to break even or make a little profit off of them” said Merrill Matthews.
Wind Turbines are Killing Bats by the Hundreds of Thousands
Environmentalists who think that climate change is our most serious threat have themselves become a threat to wildlife vital to the ecosystem.
Democrats' Energy Platform Completely Out of Touch With Reality
This month’s Democratic convention will be a hotbed of anti-fossil fuel vitriol. The policy platform, invited speakers, and nominee herself all support a war against oil and natural gas.
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