The Energy Policy Research Foundation, Inc. (EPRINC), formerly PIRINC was incorporated in 1944 and is a not-for-profit organization that studies energy economics with special emphasis on oil. It is known internationally for providing objective analysis of energy issues.

How is EPRINC funded?
EPRINC is classified as tax exempt under Section 501(c)(6) of the Internal Revenue Code. It is supported by approximately 35 oil companies ranging from major internationals to regional marketers. Contributions to the Foundation are deductible as ordinary trade or business expenses.

EPRINC does not speak for the industry or any of its segments.
Views expressed in publications, interviews and testimony result from the Foundation’s own analysis and are not meant in any way to represent a consensus of its member’s views. EPRINC’s supporters recognize the importance of a credible, authoritative and impartial organization that can help industry and government officials, the media, and the general public better understand the petroleum industry and the markets in which it operates.

What does EPRINC do?
EPRINC researches and publishes reports on all aspects of the petroleum industry which are made available free of charge to all interested organizations and individuals. It also provides analysis for quotation and background information to the media. EPRINC has been called on to testify at every session of Congress in the last decade. The Foundation briefs government officials, including the State Department, the Department of Energy, and the Federal Reserve, and legislators, and provides written background materials on request. EPRINC has been a source of expertise for numerous GAO energy-related studies and its chairman and president have served on virtually every National Petroleum Council study of oil issues.