Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
4 L" k* s8 v: }  p& mThu Sep 11, 3:33 PM
The Canadian Press
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" I& j: I3 x4 ?( y+ wCALGARY - 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.
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, h- D" X4 m# k* T3 o6 uVince 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.

6 k; Z9 f) B4 y5 n0 UAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
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5 u' D! P' [' b1 z3 w: RCrude 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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That 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。