Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
Thu Sep 11, 3:33 PM
The Canadian Press
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6 u8 u" R; V! C! `: _9 T+ }& ^8 l+ _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.

: e$ f. P, c- ]+ }4 BVince 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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" y2 {5 G! V* O% N/ r! @9 |- aAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.

) o4 u( [* R% PCrude 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。