150th Anniversary of Drake’s Well Should Renew America’s Leadership to Access

After world-leading efforts a century and a half ago, U.S. energy priorities must be refocused on increasing supply, stabilizing costs


Washington, DC – One hundred and fifty years ago, “Colonel” Edwin Drake struck oil in Titusville, Pennsylvania, helping to set the nation – and the world – on a path toward economic growth, expansion and prosperity. Thomas J. Pyle, president of the Institute for Energy Research (IER), a free-market energy think-tank, issued the following statement:
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