Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
! Q+ n1 ~# `% v( G8 f5 B9 n' D1 {Thu Sep 11, 3:33 PM
The Canadian Press
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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.

8 j2 m6 g- h, XVince 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.

; T: Z. q5 d+ g* {; mAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
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4 e' ^# g2 G7 h- Y  T+ rCrude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.
, k' P$ p7 }8 o5 P1 \7 \
+ x# [' d( l% T, t! {+ EThat 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。