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
The Canadian Press


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, [/ l! M; K/ U
Vince Lauerman of Geopolitics Central says a barrel of crude oil could fall as low as US$60 for some time if the slowdown in global economic growth ends up being worse than expected.
# X7 p& \7 F/ x5 C* t, Y
1 P9 C$ U, |; S" ~( a. N. k3 i9 L0 n. lAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.

; G% Z, U0 e5 }+ v5 r0 W0 f) ^Crude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.

' O$ x- d) d6 H2 f! g9 J& 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。