Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
+ n8 D# r) _/ d* I# O. k! BThu Sep 11, 3:33 PM
1 ]. |+ ?* b$ q7 GThe Canadian Press

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" u+ @1 E0 R+ P7 b& ^  DCALGARY - 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.

+ k4 d- ~4 e& i; W, l9 O+ U- \# r0 f9 ~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.

9 r$ z6 S7 v  q/ sAnd 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.

( I( a& g6 X' P# X) e, oThat 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。