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.
Environmental Equity Clashes with Gender Equality
Defenders promote the Green New Deal as a solution for some of our social and economic inequality issues, but it actually appears to be causing some of them.
The EU Channels Sen. Elizabeth Warren, and It Won't Go Well
The European Union has proposed taking $140 billion of capital away from energy-producing companies, even as the EU scrambles to get companies to invest in more energy production.
Blame Government and the Greens for Europe's Energy Crisis
A professor explains the political and policy errors behind the EU's rejection of fracking, making it so dependent on Russia for its natural gas.
Let's Not Swim Upstream in Our Transition to Renewables
If transition advocates won’t acknowledge the problems we’ve experienced with renewables and provide balanced, logical and actionable solutions, we are right to question their motives and assertions of a smooth transition.
Europe Faces the Russian Version of the Arab Oil Embargo
The EU is enduring the Russian version of the Arab oil embargo, in large part because it spurned multiple warnings over several years that Russia could and would use Europe’s energy dependence against
How the EPA Could (Will?) Undermine Joe Manchin's Energy Concessions
Joe Manchin may have received Chuck Schumer's assurances that the Senate will vote on energy permitting reforms, but that doesn't mean the EPA will honor those reforms.
Biden Finds Yet Another Industry to Blame for High Gasoline Prices
President Biden is criticizing refineries for the high price of gasoline, when the real culprits are the president and his policies.
Green New Deal, RIP
If we really think the environment is important, maybe we should try to do it the way the framers of the Constitution envisioned and rely on the legislative branch rather than the judicial branch to make our laws.
Under Biden Crude Oil Pipeline Construction Goes from Boom to Bust
President Biden and his policies have roadblocked several aspects of energy production, including pipeline construction.
The Biden Administration's Worthless, Counterproductive Plan to Fight Inflation
The Biden administration is struggling to find ways to lower gasoline prices; but the ideas it's considering would likely make the problem worse.
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