Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
+ x6 V  I- ]( E# M7 }$ ]! gThu Sep 11, 3:33 PM
0 \: e1 b, |+ F) z* b; e. JThe Canadian Press


2 W6 F1 x4 W: [8 q$ A9 w7 fCALGARY - 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.

! w6 D2 O2 S, j2 v+ sAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
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& @) p$ z% c6 YCrude 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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2 Q6 D, O1 o1 N' G3 O& D  yThat 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。