Oklahoma and Texas are the best destinations for oil and gas investment, with the two states occupying the number 1 and number 2 spots respectively in the latest ranking by Fraser Institute of the best oil and gas investment destinations globally. The think-tank’s Global Petroleum Survey 2016 polled 381 managers and executives from the industry on issues concerning regulatory frameworks for oil and gas investments, environmental policies, and political stability. Issues in these areas have been identified by the industry as major barriers to investment decisions. The survey respondents ranked countries, provinces, and states, as well as offshore areas when relevant, which is why U.S. states rank among countries such as Norway, and provinces such as Saskatchewan and Alberta. It’s hardly surprising that Oklahoma and Texas top the list: both are major oil-producing states and have been so for a long time. As such, legislation has been passed to […]