Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
0 `, d9 w( E& Z) B, r8 n; CThu Sep 11, 3:33 PM
' V9 r1 x1 L( r5 GThe Canadian Press
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$ D( w/ X% }6 Z( J* rCALGARY - 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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8 j. e0 v6 ]- N7 RVince 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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& O- j6 v- P3 `5 p  h% OAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.

! i9 n6 U2 P9 u& o/ I: g# t) sCrude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.

" s; {5 \9 j& T& d; R4 O- BThat 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。