Opinion: America’s Energy Policy Is Running on Empty

October 21, 2025

Don’t get us wrong. We favor a coherent, forward looking national energy policy. One that limits our dependence on foreign resources for reasons of national security, encourages economical use of affordable energy, and helps build a financially strong energy industry that can compete in world markets. Let’s concentrate on these adjectives: “coherent,” “forward looking”and “financially strong” because they go together. Investors want a consistent and forward looking policy. They do not want to tie up money in assets that are uncompetitive or subject to contract revisions at the whim of the government. So, let’s consider four news items that say a lot about current energy policy.