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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 Jul 04, 2022 12:47am
133 Views
Post# 34798542

RE:Who's buying Russian Oil?

RE:Who's buying Russian Oil?140-180 for the 780M Nazi supporters $60-90 for the other 7B people on the planet LOL.....
mrbb wrote:

In the 100 days of Russia-Ukraine war, NATO nations kept buying russian oil despite the ongoing
sanction that they imposed for the world against russian oil.  You know, do what i say and not what I do. 

https://media.128ducks.com/file_store/6cf4afe36a395cb83125756e796559b459fcec67673adba2559a74e0788c0f1d.mp4

If NATO nations really stop buying russian oil, oil price is easlly greater than $150-180/bo or more in order to curb oil demand to meet the 'reduced' supply, IMO. 

This coming winter will be interesting for EU.  IEA says Europe need to cut NG consumption by 30% for the coming winter.  Don't expect no human suffering with 30% cut in NG supply.

Europe Must Be Ready to Cut Gas Use by 30% in Winter, IEA Says - BNN Bloomberg



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