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
# H! Y5 Y3 ~/ `; M1 zThe Canadian Press
5 S% M& I4 C! ], f

CALGARY - 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.
% D& F5 h$ n" I  @
Vince 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.

  p( J! D8 a7 y/ f' V5 cAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
1 T) y4 A9 w, ?5 a4 Q9 z) g  B
) M( Q5 H4 x/ C9 e4 a' D) PCrude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.

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。