Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
' U7 S: |0 v+ U  D" uThu Sep 11, 3:33 PM
: b, Z' M# y- W3 i9 w' V1 jThe Canadian Press
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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.

4 I8 v- C* J& \" N, D* b) f5 Y6 {' xVince 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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. d; ]) X: h3 _* p( m/ OAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.

/ M" A% a, Y, r5 Y* o3 _2 Y4 N3 GCrude 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。