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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 Wynjoeon Apr 12, 2022 8:27am
147 Views
Post# 34596228

RE:RE:Possibilty of surprise oil price drop..

RE:RE:Possibilty of surprise oil price drop..I am not saying to sell or otherwise,I'm simply stating my opinion. Goverments can,( if they wanted),have oil trading at very low levels.What I'm saying is though oil prices are high,the majority of this world and the more vociferous want to be rid of fossil fuels.Each day more autos and buildings are switching to alternative energy,at some point this will have an effect. There is plenty of oil in this world,its just that goverments have artificially inflated oil prices to push the development of other energy sources. E 15 is meant to drop the price of gasoline in the u.s. and ev plants are starting up everywhere.If required goverments can have oil prices slashed immediately. This is not directly related to su.
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