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
' H( J' Y# o; X, YThe Canadian Press
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" S, x* M, [5 {& kCALGARY - 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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1 ]  [: k9 j+ i$ j( U( ~Vince Lauerman of Geopolitics Central says a barrel of crude oil could fall as low as US$60 for some time if the slowdown in global economic growth ends up being worse than expected.
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# I+ N' i9 h# T" `2 [And with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
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6 g8 p$ w3 ~8 d, L7 jCrude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.

  f. ^# w/ R* }0 a0 VThat 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。