1、Canada-US Energy Sector Competitiveness Survey 2023Julio Meja and Elmira Aliakbari2024Canada-US Energy Sector Competitiveness Survey 2023By Julio Meja and Elmira AliakbariJANUARY 2024 FRASER INSTITUTE2 fraserinstitute.orgfraserinstitute.org 3EXECUTIVE SUMMARY This report presents the results of the

2、Fraser Institutes 2023 Canada-US Energy Sector Competi-tiveness Survey regarding barriers to investment in oil and gas exploration and production facili-ties in each country.The survey responses have been tallied to rank Canadian and American jurisdic-tions according to the extent of such barriers.T

3、hose barriers,as assessed by the survey respondents,include high tax rates,costly regulatory obligations,uncertainty over environmental regulations,and the interpretation and administration of regulations governing the“upstream”petroleum industry,as well as concerns over political stability and secu

4、rity of personnel and equipment.This years survey of senior executives in the upstream oil and gas sector uses a methodology consis-tent with the one used in previous editions of the Global Petroleum Survey and the Canada-US Energy Sector Competitiveness Survey.A total of 165 respondents participate

5、d in this years survey,provid-ing sufficient data to evaluate four Canadian provinces and 13 American jurisdictions.Jurisdictions evaluated are assigned scores on each of 16 factors known to affect investment deci-sions.These scores are then used to generate a“Policy Perception Index”for each jurisd

6、iction that reflects the perceived extent of the barriers to investment.According to this years survey,for a second year in a row,Wyoming is the most attractive jurisdic-tion for oil and gas investment,followed by North Dakota(2nd)and Saskatchewan(3rd).Six other US jurisdictions also ranked in the t