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
$ V/ \( O# {6 ^9 A7 OThe Canadian Press
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  Z5 b, h) o9 ?8 {  {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.

7 G, ?; p" d, jVince 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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/ L3 j( R' g. {: w7 ?7 M' B& G1 eAnd 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。