Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
5 S; T& T  l0 G/ LThu Sep 11, 3:33 PM
' ]% `7 m0 F: h: {The Canadian Press


4 @4 @' ^5 @" VCALGARY - 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.
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, [- U+ ~8 J5 H; v/ ^* k3 ZAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
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+ r) S5 S  v5 r- lCrude 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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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。