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.
End The Ban on Oil Exports
The country has just taken another step towards energy independence—which also means energy security. Sens. Lisa Murkowski (R-Alaska) and Heidi Heitkamp (D-N.D.) have introduced the Energy Supply Distribution Act, whose primary purpose is to end the 40-year ban on exporting U.S. crude oil.
Earthquake Program Will Be at Noon Today in Irving
Irving-Area Quakes Are Likely Due to Fault Lines, Geologist Says
The frequent but mild earthquakes giving shivers to the Irving area likely should be blamed on geologic fault lines rather than gas drilling practices, a geologist said Tuesday at a presentation hosted by the Institute for Policy Innovation.
A New Bill in Texas Could End Two Wind Energy Mandates
Texas was one of the leaders in imposing the renewable portfolio standard requiring power generators to use a specific amount of wind energy. And thanks to new legislation, the state may be one of the first to repeal that mandate.
Unrealistic Rule Will Force U.S. Motorists Into Cramped, Unsafe, High-Priced Cars
"If you like your car or truck, you can keep it - as long as it meets my expectations rather than yours."
Let's Defund Terrorism By Ending the Oil Export Ban
It won’t happen overnight, but if we want to defund terrorism, we should start by undermining extremists’ primary funding source: energy.
Massachusetts Wind Money Wasted
IPI's Merrill Matthews notes how federal taxpayers lose money on renewable energy projects, giving a whole new meaning to the term "green energy."
Tough Questions for Hillary Clinton About Energy Policy
Now that Hillary Clinton is a presidential candidate, she needs to explain where she stands on one of the most important public policy issues of our time: energy
Attempts to Stifle Debate By Far-Left House Members Are Reminiscent of McCarthy Era
Are congressional progressives misusing their office to scapegoat climate-change deniers?
Giovanetti: HB 40 Positive Step To Uphold Rule of Law in Texas
Requiring that municipalities in Texas stay within state law when it comes to ballot initiatives and referenda is an entirely reasonable requirement, especially since some Texas municipalities have recently acted outside of Texas Law. A bill being voted on today in the Texas Legislature, HB 40, is a positive step toward making sure that rule of law, not majority tyranny, governs municipal rule-making