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.
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.
Democrats' Vision On Fossil Fuels Is Pure Fantasy
If Democrats are successful in their attempt to crush domestic oil and gas, Americans won't switch to renewables; they'll just be forced to buy traditional energy from abroad, including from Russia, Venezuela, and Iran, financially fueling those countries' political mischief.
Obama and Clinton Attack the Middle Class
If Obama and Clinton actually worried about the middle class, they would drop their plans and get the government out of the business of choosing energy winners and losers. Because the ultimate losers will be the middle class.
Obama's Oil Tax Raises Taxes On The Middle Class - Again
Why does this president keep making life harder for middle class families?
Energy-Related Carbon Emissions Are Declining--Yet Again
Energy-related carbon emissions have fallen once again, thanks to the free market.
The Obama Administration Reneges On Offshore Drilling
The Obama administration’s decision to reverse course and withdraw a proposal to allow oil and natural gas drilling off the southeast Atlantic coast is more about the president’s future than the country’s.
Celebrate Earth Day By Protecting The Planet - And Taxpayers
As America celebrates Earth Day, it might be a good time to recall just how much Obama’s desire for a green legacy is costing taxpayers.
The Fuzzy Accounting Behind Renewable Energy's Falling Prices
Before wind and solar advocates boast about how affordable their preferred energy sources have become, they need to factor in the massive taxpayer largesse propping up the renewable industry. After accounting for both sides of the ledger, anyone can see that renewables cost far more than they save.
EPA Sets Renewable Fuel Mandate Below Legal Requirement
IPI's Dr. Merrill Matthews says repealing the mandate would be good for the economy and the environment. “Ending the Renewable Fuel Standard would immediately and dramatically increase the demand for oil, stabilize energy markets, boost the economy, and likely reduce carbon-dioxide emissions.”
Trump Vows to Cut EPA If Elected
"If either [Trump or Cruz] wins the White House, it’s the EPA's, not the human race's, existence that will be threatened,” IPI's Merrill Matthews said.
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