Survey: Louisiana 10th-most attractive location worldwide for petroleum development; Texas is first

Louisiana is the 10th-best place in the world to invest petroleum exploration and development, according to a recent survey by the Fraser Institute, a Canadian think tank.

The state ranked 20th in the same survey last year and 18th the year before.

Offshore U.S. Gulf of Mexico ranked eighth in this year’s survey. Texas ranked first, followed in order by Oklahoma, Kansas, Wyoming, North Dakota, Alabama and seventh-place Montana. Nine of the top 10 spots were in the U.S…

 

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