Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
# E9 E: [) U6 g1 X5 |Thu Sep 11, 3:33 PM
' H. n+ X2 z- p/ F  k; x& RThe Canadian Press

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0 R% [; ?3 \+ h% V$ b9 u  L- m% ?' I1 uCALGARY - 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.

" I* M1 r6 ?& r9 x4 o' ~" @And with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.

1 [; R$ {) g. @& \1 z+ \! i9 N, MCrude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.

- I( m) S( \- C: ~9 L8 q% s  hThat 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。