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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

Post by Torontojayon Nov 28, 2023 7:38pm
181 Views
Post# 35757584

Prices on EV’s are front loaded

Prices on EV’s are front loaded

The EV cheerleaders only tell you how much money you can save if you eliminate the maintenance that comes with owning an ICE vehicle. What they don't tell you is that you already paid for that convenience up front when you purchased your car. It amazes me that people fall for this. 

Not only is it more costly, but you can make a sound argument that it depreciates at a faster rate too. So, you are effectively paying more for a car that depreciates faster but they dont tell you that part. They want your money and they want your blood. Do you want heated seats? Don't worry, that will be a monthly subscription and you can have it. Do you want a side view mirror? Well, that's going to cost you extra. 

What a sad world we live in. 

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