No Canadian province made it into the top 10 most attractive jurisdictions in North America for oil and gas investment, according to a recent survey, while Texas and Oklahoma take the top spots. The Canada-US Energy Sector Competitiveness Survey 2021, which polled senior executives from the petroleum sector, found that U.S. states are much more appealing to oil and gas investors compared to Canadian provinces and territories. “The message from investors is clear—Canada’s onerous and uncertain regulatory environment continues to hurt the investment attractiveness of the country’s oil and gas industry,” Elmira Aliakbari, director of the Fraser Institute’s centre for natural resource studies and co-author of the survey, said in a press release. The annual survey, conducted between May and August, ranks 22 jurisdictions in North America—five Canadian provinces and territories and 17 U.S. states—based on how government policies affect the sentiment for oil and gas investment. Texas and Oklahoma …
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