Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
& X7 T7 Z8 ]  wThu Sep 11, 3:33 PM
The Canadian Press

! N* G4 G' E- f9 X! S
. d- F8 _0 a. S% |5 v4 eCALGARY - 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.
" u2 @$ u$ X6 Q% m: V2 Y. u
# [, k: u; B: P& iVince 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.

: o& A  i: t- z  iAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
( X/ `' A, o1 m" l
Crude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.
8 r) ?' Q4 k) I. c, O- q6 M
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。