Policies and regulations in the U.S. oil and natural gas patch, led by Texas, are viewed as substantially more favorable to investment than in Canada, according to the latest survey by the Fraser Institute.


The 2021 Canada-US Energy Sector Competitiveness Survey by the Vancouver-based think tank asked 71 senior executives in the petroleum sector to rank 22 North American producing jurisdictions, including 17 states and five provinces/territories, in terms of investment attractiveness for exploration and production. 

Respondents assigned scores on each of 16 questions pertaining to factors known to affect investment decisions, with these scores used to formulate a policy perception index for each jurisdiction.

The executives ranked Texas as the most attractive for oil and gas...