Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
; z% ~" l& a1 _Thu Sep 11, 3:33 PM
8 a' l* k/ w8 h2 j  Y3 v$ e# _The Canadian Press

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) p& [! ~0 w/ I& q) ]" wCALGARY - 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.

) A. b' p/ J2 O+ Y3 _Vince Lauerman of Geopolitics Central says a barrel of crude oil could fall as low as US$60 for some time if the slowdown in global economic growth ends up being worse than expected.
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7 _3 @% H8 m$ t( D1 \3 m# y8 o( M1 `And with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
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Crude 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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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。