Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
9 m$ s$ a+ ~' ?; uThu Sep 11, 3:33 PM
The Canadian Press

- z9 Z7 T& q* I$ X5 q0 S
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.
+ f% V  W7 g# Z3 _
, _) h* {/ S- T/ [Vince Lauerman of Geopolitics Central says a barrel of crude oil could fall as low as US$60 for some time if the slowdown in global economic growth ends up being worse than expected.
! ?  S. Z: u+ \  q
And with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
4 L/ K5 U& H# K2 m$ N& K7 J
Crude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.

+ {. l$ z9 [0 S( _8 ~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。