Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
. C4 P' z! m% sThu Sep 11, 3:33 PM
& z4 i% C$ y: e! T" Z5 S8 vThe Canadian Press

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( L  z, {7 {' ]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.

! ?* `. Y  c* x0 qVince 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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3 K* S8 q: T) S5 V/ w8 s/ `  {4 \- HAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
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+ {1 C# E4 X0 k3 }+ f: ^Crude 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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, r/ T8 }/ \' T" y# {- AThat 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。