Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
' ?# x; o; W; D5 fThu Sep 11, 3:33 PM
: a8 d! \- r; Z1 {; a) dThe Canadian Press

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1 n+ s1 G" x7 j8 B, T4 J  n' JCALGARY - 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.

- T4 C- I( R; V$ _- ?% _+ `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.
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And with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.

7 z. z6 W& k: QCrude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.
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0 d* s' ~% K) [* sThat 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。