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.
Ease The Storage Crunch, Lift Ban On Crude Oil Exports
The U.S. has gone from asking "Where can we get more oil?" to "Where can we put it?" The US can ease the storage crunch and leverage the energy boom to the benefit of the U.S. economy by lifting the export ban on oil and natural gas.
When Republicans Flip-Flop And Embrace Government Mandates
As we move closer to the presidential primaries, watch for most GOP candidates to praise the Renewable Fuel Standard mandate. You might even ask them, if you get the chance, why isn’t energy freedom more important?
Think This Winter Was Cold? Try It With Only Green Energy
What if environmentalists had convinced Boston city officials that fossil fuels were destroying the planet and that renewable energy sources could supply the city's needs both in electricity generation and for powering city vehicles?
North Texas Fracking Ban Becomes Case of State v. Local Control
“The city of Denton understands they are in trouble," said Tom Giovanetti. "Denton is really serving as a bad example that other cities and towns are learning from and trying to avoid becoming.”
Obama on Energy: Taking Credit while Halting Progress
Watch out for the president’s embellishments whenever he brags about American energy. Let his policies speak for themselves and let’s give credit or blame, where it’s due.
Nebraska Supreme Court OKs Keystone Pipeline
Merrill Matthews says Obama is willing to go around Congress to get what he wants and is not afraid of the Nebraska Supreme Court.
Keystone Pipeline Awaits President's Decision
Merrill Matthews said the president opposes Keystone because he is beholden to environmentalists.
Obama Doesn't Care About the Keystone Pipeline Facts, Just the Politics
The House and Senate have now passed bipartisan legislation approving the Keystone XL pipeline. Seems like the only one who doesn’t support it is President Obama. And yet opposition to the pipeline is inexplicable if you know the facts behind the issue.
Markets Don't Fail, Government Policies Do
Lot's of liberals, the media and even some economists like to talk about "market failure" as a justification for their expansive government policies. But markets don't fail. What does fail are government policies that try to "fix" markets.
Don't Fetishize Local Control
Abbott is correct; his observation clarifies an area of confusion among many regarding the supposed sanctity of local control.
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