Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
Thu Sep 11, 3:33 PM
The Canadian Press

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( b9 E8 s1 @8 L; ]5 c: M% v, y- [8 |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.
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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.

6 }7 p2 |3 M& `4 G. [6 U1 yAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
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' t' B" u* E% e+ k! n9 iCrude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.
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! I$ a' R' V# O. c3 GThat 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。