Skip to main content

“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

Policies matter, and when the oil and gas sector is very clearly indicating that American jurisdictions are more attractive for investment, policymakers should take note


Texas is more than two times as attractive than Alberta for oil and gas investment, according to a new survey of petroleum-sector executives released today by the Fraser Institute, an independent, non-partisan, Canadian public policy think-tank.

“Canada’s onerous and uncertain regulations, along with our dearth of pipeline capacity has created a competitiveness chasm between Canada and the United States—particularly between Alberta and Texas,” said Ashley Stedman, senior policy analyst at the Fraser Institute and co-author of the Canada-US Energy Sector Competitiveness Survey.

The survey, conducted between May and August of this year, ranks 20 North American jurisdictions (15 states and five provinces) based on policies affecting oil and gas investment.

This year, Texas ranked 1st while Alberta ranked 16th out of 20. Specifically, 80 per cent of survey respondents cited uncertain environmental regulations as a deterrent to investing in Alberta, compared to only nine per cent for Texas.


Likewise, 65 per cent of respondents identified regulatory duplication and inconsistencies as a deterrent to investing in Alberta compared to eight per cent for Texas.

Rounding out the top five most attractive jurisdictions for oil and gas investment are Oklahoma (2nd), Kansas (3rd), Wyoming (4th) and the US-Gulf of Mexico region (5th).


Among the survey’s 20 jurisdictions, Saskatchewan (13th) was the most attractive Canadian province followed by Newfoundland and Labrador (15), Manitoba (17th) and British Columbia (19th). Colorado (20th) was the least-attractive jurisdiction.

“Policies matter, and when the oil and gas sector is very clearly indicating that American jurisdictions are more attractive for investment, policymakers should take note,” said Kenneth Green, resident scholar and chair of energy and natural resource studies at the Fraser Institute.


CLICK HERE to read the Executive Summary

CLICK HERE to read the full report
Labels:

Comments

Post a Comment

Popular posts from this blog

PECKFORD -- Authoritarian governments in our own time, from the Nazi period to the USSR, have crippled democracy and freedom and yet we have not learned

Just come right out and say it ... it’s China ... and it’s communist. So there ... I said it! And its a virus, the corona virus, that came from China — the China Virus. Oh, yah it has a fancy name —but this keeps it simple and identifies its origin. Imagine that!!! Of course, now that Trump has said it, he, being a virus to most China sensitive people (and that’ s just about everyone) none will say it now —- And the political correctness and hypocrisy of it all. The World Health Organization changed all that a few years ago and like sheep we all followed along. No more geographic naming —that’s an order —-George Orwell is turning over in his grave. Of course, this WHO is part of the UN that has a Human Rights Council full of human rights violators whose sole purpose in life is to bring resolutions against the only democracy in the Middle East. Nice civilized crowd don’t you think?? We all put up with this charade every day and conti...
Post a Comment
Read more

Khadr played upon the democratic freedoms and rights that Canadian have

WELL I CERTAINLY STIRRED UP REACTION when my last post went online , as well as other comments, which were made online elsewhere.  People opposed, to what I had to say, had comments which included the following:   Okay, I'm f - - king sick of the idiocy and done with writing a diatribe every single time a friend posts about how they're upset that Trudeau is giving a terrorist $10m. ... You people are.... willfully ignorant and hypocritical .. ·          God help us. What’s next everybody is “packing”, burning crosses, and having segregated bathrooms.  This rhetoric is disturbing.  Canadians are better than this. My mind is in awe of the number of people who have no respect for what being tortured actually means. Who foolishly think that they wouldn't break ... If our governments are willing to trap and torture people on foreign soil then we h...
Post a Comment
Read more

Abbotsford-Mission MLA Reann Gasper to step down for Conservative Leader Hon. Kerry-Lynne Findlay to run in a by-election

Deputy Whip and MLA Reann Gasper has informed the Speaker of the Legislative Assembly of British Columbia of her decision to step down as MLA for Abbotsford-Mission, creating an opportunity for Conservative Party of British Columbia Leader Hon. Kerry-Lynne Findlay to seek the seat in a forthcoming by-election. Gasper said the decision was made carefully and deliberately, with the future of British Columbia firmly in mind. Abbotsford-Mission MLA Reann Gasper “This is a decision I have made after a great deal of careful consideration, and I believe it is the right decision for me, for our Party, and for the work ahead,” said MLA Gasper. “It has been a privilege to represent the people of Abbotsford-Mission, and I am deeply grateful to everyone who placed their trust in me. I am also grateful for the opportunity to serve alongside my colleagues in the Conservative Caucus and to contribute to our leadership team.” “I have confidence in Kerry-Lynne, in her leadership, and in her ability to ...
Post a Comment
Read more

Labels

Show more