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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; d9 ?1 y( m  {) K& e2 y  \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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( t5 S# L; V( F: ]% b$ V' QVince 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.

" G4 o# a; s, {. h" P8 L1 r, w7 JAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
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* f5 @  z( C8 f/ ?Crude 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" |" L% f+ s4 H5 T# U) [# m7 ^- TThat 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。