Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
, d. _$ Q8 H* W7 f- tThu Sep 11, 3:33 PM
The Canadian Press


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.

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.
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5 p' W! D: [; I. r; _( IAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.

! }/ N# ^5 p8 i5 b3 B. k8 C& @) o. kCrude 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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) U" _2 `  k2 O1 j% F" J8 AThat 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。