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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 firstworldon May 30, 2022 6:12pm
163 Views
Post# 34718320

RE:RE:RE:The big EV lie

RE:RE:RE:The big EV lie$30B subsidized 2.5 M EV for the wealthy LOL. RU will only exposr rare earths to friends now.....line up for China EVs, that happens to be superior to anything else on the market.
Oldnagger wrote:
Experienced wrote:
Oldnagger wrote: A compedium of  necessary ESG info. Should be required viewing for elected officials !!

https://youtu.be/sytWLB4-W-M
In a previous response to your post I said "YEP".

I do not disagree with the points made in the video and have made many of the same points myself.

That said, as investors  the key thing is to ask yourself the question - "What do I do about it?"

Spending a lot of time screaming that the information is wrong is IMO not very useful.  Politicians are unlikely to change what they are doing so fighting it as investors won't accomplish much and will be just a time eater and unproductive.

IMO time is better spent looking at the situation from the perspective of how to make money riding the wave that the politicians are creating and figuring out over the longer run where to put your money when the inevitable happens and the wave crashes on the shore.





Your cynicism is unbecoming of you. Great things can be accomplished by even the most insignificant of people. Ideas based on truth are the real wealth !!



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