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.
Why Energy Companies Won't Produce
Companies expect that as soon as the current turmoil subsides, the Biden administration will shift back to hostile rhetoric, anti-energy legislative proposals, and oppositional regulatory policies.
Biden's Policies Have Me Soooo Confused
Biden's domestic policies are a hot mess of contradictions and confusion; here's just a few of them.
The Biden Pattern: One Bad Policy Leads to Another
What's a little world hunger if Biden can lower gasoline prices before the November election?
The Energy Axis of Evil: The Evolving World of Energy Markets
If countries outraged by the invasion of Ukraine want to take a stand against Russia by refusing to buy its oil and natural gas, there may be enough supply and demand among autocratic countries to create a viable, long-term market.
The Keystone XL Pipeline Might Have Kept Biden from Embarrassing Himself
Biden canceled the Keystone XL pipeline, which would have provided the U.S. with roughly the same amount of crude oil the U.S. used to buy—and hopes to buy again—from Venezuela.
Blame La Nina, Not Climate Change
News Alert! Not all droughts and floods are a result of climate change.
Russia Used 'Soft Power' to Influence EU Policies and Anti-fossil Fuel Efforts
Congress must expose any Russian financial shell games, funding schemes and money laundering intended to stymie U.S. energy production and independence.
Investigate Russia's Covert Funding of US Anti-fossil Fuel Groups
If Democrats and the media are still interested in finding some type of Russian collusion, maybe they should begin by investigating whether Russia actually has been covertly funneling money to environmental NGOs.
The State of the Union and the Allure of Price Controls
The left thinks it can plan and control human behavior and the economy, yet Biden's State of the Union address will likely reveal that the economy is not going as planned.
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