Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
, n2 A' U- d- o. MThu Sep 11, 3:33 PM
! c* l! ^5 c' G% g+ |1 [2 jThe Canadian Press
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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.

- r& J+ X; e$ zVince Lauerman of Geopolitics Central says a barrel of crude oil could fall as low as US$60 for some time if the slowdown in global economic growth ends up being worse than expected.
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* i$ Q9 b/ r) f: p. C4 C  ?And with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.

) G/ }1 G* |5 r) x, Y! NCrude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.

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。