Fraser

The Canadian fossil fuel industry is taking a long fall into becoming a poor cousin to its peer in the United States, according to an annual review of the North American energy scene by the Fraser Institute.

Nine of the world’s top 10 places to invest in global oil and gas are in the United States, including eight states, according to the Fraser Institute’s annual survey.

Reward doesn’t come without risk, and where hydraulic fracturing (fracking) is concerned there is sometimes too much emphasis on the latter while the former is not fully appreciated, according to a study by the Vancouver, BC-based Fraser Institute.