Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
5 k9 t$ J$ s$ i, u  Q6 Q8 {' B' BThu Sep 11, 3:33 PM
. Y! B% N( Q- }+ C$ p& `( KThe Canadian Press


* \, s' {- M6 wCALGARY - 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.
4 K% ?8 p- E( I5 v
. S' F% b. e; ^+ k6 ?/ m. 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.

# X* L! h0 l& e9 A! X  tAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.

Crude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.

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。