Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
. r; q5 X% D; e/ _  a2 W0 f* uThu Sep 11, 3:33 PM
The Canadian Press


6 x* s9 S0 P4 k6 m% ~) \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.

) \1 X% {% p. D' wVince 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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* l; Q# U' H4 }  ~5 RAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
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" K3 N- h0 l1 @Crude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.

4 _- T7 Z( i, y+ Y5 eThat 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。