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Suncor Energy Inc. T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. It is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.


TSX:SU - Post by User

Comment by Mirko22on Mar 04, 2022 3:17pm
147 Views
Post# 34484640

RE:This weekend.....

RE:This weekend.....
Chad123 wrote: Couple of things might happen this weekend.
US banning russian oil and a deal with Iran. Don't think the US would do one without the other as  Biden will do everything possible to not have high gas prices for his Comrades.
I am basing this off of this article below and the continuing rise of oil price:

https://www.bnnbloomberg.ca/white-house-considering-ban-on-russian-oil-imports-to-u-s-1.1732712

https://www.bnnbloomberg.ca/white-house-considering-ban-on-russian-oil-imports-to-u-s-1.1732712

GLTA


Iran has over 30M in storages and tankers they have, Such an influx of oii should have impact or price of OIL. US has no choice at this time to make the deal with Iran.

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