Colorado has rapidly tumbled down the list of being an oil and gas friendly state.

According to a recent survey of oil and gas executives released by the Fraser Institute, an independent Canadian think-tank, Texas is the most attractive location for oil and gas investment.  Alarmingly, Colorado was the least-attractive on the list, finishing a dismal 20th out of 20.

The survey ranks 20 North American locations, including 15 states and five Canadian provinces, based on policies affecting oil and gas investment. Texas ranked 1st with only 9 per cent of survey respondents cited uncertain environmental regulations as a deterrent to investing in Texas.

Coming in at 13th out of 20, Saskatchewan was ranked the highest among the Ca...

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