Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
6 q8 G/ i4 a( F$ b: i$ V! j- LThu Sep 11, 3:33 PM
The Canadian Press

0 u; C9 ?' }" o) \3 _/ \( m
) N. H% l; ~: M% h  a1 lCALGARY - 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.
4 ]2 _. _5 [! @4 \* U+ E- ]
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.
8 i# J* N+ u; n3 ]1 @3 p
' b" @( f: r4 k, j) G6 n( P9 c; LAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
# c' h/ T7 `2 `) l
( ]( X# j" s1 }5 I% u2 oCrude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.
5 P% h# w+ F3 q$ C9 N4 _
8 {) m% W+ J1 z' W# j/ k6 [& {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。