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Suncor Energy Inc. T.SU

Alternate Symbol(s):  SU

Energy Oil & Gas Integrated
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

Suncor Energy Inc. > Adoption of New Technology
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Post by Experiencedon Mar 01, 2023 11:20pm
541 Views
Post# 35314175

Adoption of New Technology

Adoption of New TechnologyIn past posts I have talked about the speed at which new technology can be adopted and the implications for legacy technology.

Here are some charts showing the speed of the adoption of the motor car in the US

https://www.energy.gov/eere/vehicles/fact-962-january-30-2017-vehicles-capita-other-regionscountries-compared-united

If the adoption of EVs is anything what the automobile did to horse and buggies....well I'll leave it to each of you to figure out what the investment ramifications would be.
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