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
( `7 L: ~/ V. a2 y  eThe 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$60 for some time if the slowdown in global economic growth ends up being worse than expected.
8 P$ h3 G3 `& I# E+ F" U
5 ~) G& x2 W, Z! X) {! ]8 [8 |: nAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.

$ C) N' i/ K  i5 SCrude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.

- l3 c! C9 a4 o3 |2 `- [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。