Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
Thu Sep 11, 3:33 PM
The Canadian Press

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( ~0 [# N0 M' C) i3 t: `6 H! @6 xCALGARY - Producers in Alberta's oilsands have reason to be nervous if the price of crude oil continues on its downward path, an energy analyst says.

$ o$ N4 m+ j2 q0 z5 m* e. OVince Lauerman of Geopolitics Central says a barrel of crude oil could fall as low as US$60 for some time if the slowdown in global economic growth ends up being worse than expected.

! T* P0 ~/ K9 i" wAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.

Crude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.
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7 U) o' E0 ?; o% l" T5 {% P, bThat marks a stunning descent from its record above $147 reached in mid-July.

林柯

Some body will worry it more than me.

songca2001

去Albert的人要大量回流了。