Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
: T& U0 O3 v* g# P2 B! R+ s( J) TThu Sep 11, 3:33 PM
/ r0 \6 [! }$ HThe Canadian Press
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. t& y- J& ~" e% N+ {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.

& C. [0 F2 I9 r9 @3 K1 O0 T0 ^1 QAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
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; l0 ]; m. q/ NCrude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.
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& B$ [. {# \; x1 mThat 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。