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Survey shows US favorable for oil and gas investment

07/07/2008
The US had 9 of the top 10 jurisdictions worldwide that oil and gas executives ranked as attractive destinations for upstream investment, according to results of a survey conducted by Fraser Institute, an independent research and educational organization.Arizona, Arkansas, Oklahoma, Alabama, and Ohio were ranked as the states having the lowest barriers for upstream oil and gas investment. They were joined by Texas, the US offshore, Kansas, and New York.Saskatchewan was ranked sixth in the top 10 out of 81 jurisdictions in terms of having low barriers to investment. It was the only Canadian province in the top 10. Alberta ranked 29 and British Columbia, 19.Internationally, Bolivia was rank...
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