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
" b" U$ ^; X' y+ FThe Canadian Press
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& Y: l9 G% N! eCALGARY - 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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( p  T# p1 u# N9 r8 [0 I9 fVince 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.

, I& W0 I. d" a) D# OAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
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+ b7 s/ q  J/ R* K$ N* kCrude 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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) Z% c2 H0 k: e' k. mThat 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。