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.

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Suncor Energy Inc. > I don't understand why anyone would invest in Suncor now

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Comment by mrbbon Jul 04, 2023 2:23am

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Post# 35525357

RE:RE:I don't understand why anyone would invest in Suncor now

ztransforms173 wrote:
India will be building out a solar/battery storage future that will lift the country out of poverty. India will not be relying upon coal and oil for much longer.

- are you completely DELUSIONAL or just a RANK IGNORAMUS

- India is the FASTEST GROWING crude oil consumer of the largest economies in the world today (ranked SIXTH largest economy in US GDP and MOVING to the THIRD position by 2028)

- India is FEASTING on CHEAP Russian crude oil imports {1.9 million barrels per DAY in May 2023} that is BOOSTING their ECONOMIC GROWTH and suppressing imported inflation

- Tesla is a DEEP STATE CONSTRUCT that is DESIGNED to SIPHON WEALTH from the CAPTURED VASSAL state's TAXPAYERS {like the US and Canada} to the PRIVILIGED elites

* Tesla would NEVER be able to BUILD and OWN the LARGEST GIGAFACTORY in the world in China if they did NOT have DEEP STATE BLESSING and PERMISSION

* Wind and solar energy is ONLY WIDESPREAD due to the RIGGGED and CONTROLLED ENERGY and ENVIRONMENTAL CLIMATE CHANGE TAXATION MARKET COMPLEX

- meanwhile, back at the ranch; NUCLEAR ENERGY is REPRESSED with HOSTILE REGULATIONS, SLEAZY LAWFARE and UNHINGED ENVIRONMENTALISM to PREVENT PHYSICAL COMPETITION with the climate change AGENDA to STEAL WEALTH with the TOTALLY INFERIOR wind and solar energy

z173

U captured alot there. I didn't say much of those things before as very little people read my posts anyway. Tesla is allowed to expand because it follows the master's game plan, world wide electrification and dependency. It's no brainer NG and nuclear power are superior but are suppressed while pushing for flaky solar and wind power. Even if india start investing renewable solar and wind today, i doubt it could catch up on just the 'incremental' energy demand of india, forget the base load. EVs look attractively priced only because massive incentives and free money injection into the entire chain of EVs: mining, battery plants, EV factories, retail consumers. None of chinese EV makers can exist without gov't subsidies. Even that, only 1 EV maker in china, BYD, is now slightly profitable with gov't subsidies. All others are still not profitable without gov't subsidies and theft of western technology. Don't hope for cheap chinese EVs in the US when trump get elected in 2024. He won't play nice with ghina anymore.

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