Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
4 ?$ v! y9 {/ I' G* W& ?4 sThu Sep 11, 3:33 PM
The Canadian Press


0 c; r! {+ Z9 q: k7 H' A' o3 n& RCALGARY - 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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$ @% ]! p  [5 n- I9 ?$ ~5 a% ?- dVince 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.
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& \7 k) K8 L- u. aAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.

/ V4 q2 Y% P/ J" j( u9 @2 fCrude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.

- s( H' x( C+ i  t: h  l. ?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。