Independent Petroleum Association of America (IPAA) President and CEO Barry Russell today called on The White House to support free market policies that put America first by encouraging the use of all sources of American energy. Read More »

The dramatic news that CIA Director Mike Pompeo met in secret with North Korean leader Kim Jong-un over the Easter weekend has renewed hopes that one of the world’s most dangerous stand offs might be resolved without war. Read More »

More than 1,500 high school students visited Lockheed Martin (NYSE: LMT) facilities across the globe on April 21 to compete in a Code Quest competition meant to test their computer programming skills and give them a glimpse of how their passion for coding could translate into a career. Read More »

Scott Pruitt, the Administrator of the U.S. Environmental Protection Agency (EPA), is loathed by most researchers and environmentalists, but he may yet emerge as science’s unlikely redeemer. Read More »

Lockheed Martin signed an agreement to supply approximately 17 MWh of GridStar™ Lithium energy storage systems to Peak Power Inc., a North American energy storage services provider. Read More »

The Trump administration has given notice of its intent to expand a current rule denying certain immigration applications to “public charges”—that is, people who are likely to rely on the government for their support. Read More »

It’s hard to simulate a star, but a new effort between Rovsing A/S and Lockheed Martin will do just that. They are collaborating to bring better solar simulators to bear in a market of increasing demand for a range of spacecraft sizes. Read More »

Where government debt is concerned, advanced economies should be fixing the roof while the sun shines. That’s the central message of a new IMF Fiscal Monitor entitled “Capitalizing on Good Times.” Read More »

The Ninth Circuit Court of Appeals denied an appeal in Naruto v. Slater, more commonly known as the monkey selfie case. Read More »

The American Petroleum Institute reported that U.S. petroleum demand reached 20.6 million barrels per day (MBD) last month, the highest level since 2007. Read More »

Cato adjunct scholars Charlie Silver and David Hyman have an important oped in today’s Houston Chronicle explaining how third-party payment increases prices for drugs and other medical goods and services. An excerpt: Read More »

API released its quarterly well completion report for the first quarter of 2018 showing that natural gas and oil drilling and completions rose more than 35 percent over 2017 levels signaling the strength of the U.S. natural gas and oil industry. Read More »

API committed to working with the Federal Energy Regulatory Commission (FERC) as the agency seeks input from stakeholders on how to improve the pipeline permitting process. Read More »

The Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of Currency (OCC) will impose a combined fine of $1 billion against Wells Fargo stemming from bank policies on mortgage interest rates and auto loan insurance. Read More »

Shortly after the air and missile strikes that U.S., British and French forces launched against the Syrian government’s alleged chemical weapons sites, British Prime Minister Theresa May insisted that the goal simply was to degrade the ability of Bashar-al Assad’s regime to use such weapons in the future and to bolster the longstanding international taboo. Read More »

Speaking to a group of law enforcement officials in Raleigh, NC yesterday, Attorney General Jeff Sessions announced proposed rule changes to the way the Drug Enforcement Administration sets quotas on the manufacturing of opioids. The DEA now presumes to be able to divine the likelihood a particular type of prescription opioid will be diverted to the illegal market when setting production quotas. Read More »

The Competitive Enterprise Institute (CEI) released the 25th anniversary edition of Ten Thousand Commandments: An Annual Snapshot of the Federal Regulatory State, CEI’s survey of the size and scope of the federal regulatory burden. According to author, CEI Vice President for Policy Clyde Wayne Crews Jr., federal regulations cost consumers, businesses, and the U.S. economy nearly $2 trillion in 2017. Read More »

The U.S. Court of Appeals for the Ninth Circuit denied the People for the Ethical Treatment of Animals (PETA)'s motion to dismiss and vacate a district court's ruling that only humans can author copyrightable works. The Competitive Enterprise Institute (CEI) had filed an amicus brief opposing this motion in Naruto v. Slater and is pleased with the court’s decision. Read More »

The Chinese tech giant Alibaba recently invested $600 million in a start-up that specializes in facial and object recognition. Thanks to the investment the start-up, SenseTime, is now the world’s most valuable artificial intelligence start-up. Read More »

Tata Lockheed Martin Aerostructures Limited (TLMAL), a joint venture between Tata Advanced Systems Limited (TASL) and Lockheed Martin (NYSE: LMT), today inaugurated India’s first-of-its-kind metal-to-metal bonding facility at Adibatla, Hyderabad. Read More »