Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
" }% f4 l. Y" |3 k; R1 dThu Sep 11, 3:33 PM
The Canadian Press
8 V+ G- }. t0 U9 ^) r2 |
: W6 y8 V' G+ X% l! O! k) m
4 ]$ s7 R7 I) Y4 k% R# QCALGARY - 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.
6 H; r/ _, [6 k: Z# z( R8 e/ N
' i8 b6 Y, s% V# OVince 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.
* F1 f( {0 ?: A+ j2 l& U  c
And with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.

. m0 G8 b* E% `  MCrude 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。