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.
Reduce Trade Deficit by Ending Crude Oil Export Ban
Removing the ban on U.S. crude oil exports is one sure way to dramatically lower the balance of trade deficit for years to come.
Clinton's Opposition to Keystone XL Hurts Middle Class She Wants To Help
Hillary Clinton’s opposition to the Keystone XL pipeline not only hurts the economy and middle class, but also hinders energy security for both the U.S. and its allies. “Clinton’s opposition to the pipeline is inexplicable if you know the facts behind the issue," said IPI's Merrill Matthews, Ph.D.
Friday: Diverse Views on Climate Policy Converge At Dallas Event
As 11 Republicans in Congress break from party line by calling for action against climate change, and Pope Francis is expected in his first address before Congress to appeal for policies combating global warming, IPI presents three diverse policy perspectives at an exclusive event in Dallas Friday on what the U.S. can do, if anything.
GOP Candidates' Information on Climate Change
IPI's Merrill Matthews gives rebuttals to Democrats arguments carbon dioxide from burning fossil fuels causes catastrophic climate change (global warming).
Major Victory for U.S. Energy Security As House Committee Approves Crude Exports
Today the House Energy and Commerce Committee approved HR 702, a bipartisan bill eliminating the 1970’s-era export ban on crude oil, which would lead the way to lower energy prices, increased energy supply, and be a boost to U.S. security, but the White House has announced its opposition to the measure.
Climate Scientists Predict Antarctic Ice Will Melt Even as It Grows
A climate model predicts that Antarctica will melt even as Antarctic sea ice reaches record levels.
US Crude Exports Clear First Hurdle
A key House panel on Thursday approved legislation to end the 40-year federal ban on exports of US crude oil, and the bill is expected to win further approval in the House and Senate before being passed on to the White House.
House Subcommittee Votes Today To End Ban on Crude Oil Exports
Innovative drilling techniques have produced a U.S. oil boom, but that economic boom could become a bust unless the U.S. is allowed to export its crude oil to other countries. Today the House Subcommittee on Energy and Power votes on a bipartisan bill sponsored by Rep. Joe Barton (R- TX) eliminating the export ban on crude oil, which would pave the way for lower energy prices, increased energy supply, and be a boost to U.S. security.
A GOP Candidate's Primer of Climate Change Answers
Climate change is one of the media’s biggest issues, and they are likely to make it very hot for Republican candidates who don’t know the facts or give them politically incorrect answers.
A GOP Candidate's Primer of Climate Change Answers
Climate change is one of the media’s biggest issues, and they are likely to make it very hot for Republican candidates who don’t know the facts or give them politically incorrect answers.
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