Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
# J3 R6 Y9 I% W2 O. S9 yThu Sep 11, 3:33 PM
: x) J/ _- l5 c' u7 W) Q5 MThe Canadian Press

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: R7 m( x- P7 h$ o# tCALGARY - 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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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.

7 A7 Z7 Z* v8 X& PAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
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6 `+ d1 A7 j+ ~6 k0 P; H. nCrude 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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/ l% U2 z9 Q' M. w8 D- `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。