Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
2 C7 r& I3 h7 ^Thu Sep 11, 3:33 PM
4 Q0 m. G# e" s; L; p2 u- Q$ Q: [" sThe Canadian Press

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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.

0 e9 o# U/ Z  p. mVince 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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3 f9 S& S6 X6 _& L- h% CAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.

Crude 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。