Last week at the Governor’s Energy Summit, Gov. Bryant announced that the Fraser Institute has again ranked Mississippi among the world’s most attractive places for oil and gas investment. Mississippi ranks number two globally for energy policy and is first in its tier when energy policy is considered along with proven oil and gas reserves.
The Fraser Institute developed the rankings by surveying petroleum industry executives about barriers to investment in 157 oil- and gas-producing regions throughout the world. According to the report, barriers to investment can include high taxes, cost of regulatory compliance, uncertainty over environmental regulations and the interpretation and administration of regulations.
Our Party believes that a strong and stable energy sector is a job creator and a catalyst for economic growth. Here in Mississippi we are fortunate to have a Governor who believes in strengthening our energy industry.