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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 mrbbon Jan 03, 2024 6:57pm
242 Views
Post# 35809680

America plan to replace ICE with EV doom from the start

America plan to replace ICE with EV doom from the startIt's a pretty good summary of what EV realist (also called deniers) have said on SU board.
TSLA down 10% today, first day of trading of 2024. Why? because
2023 delivery of tsla EVs, ~1.8M units, yes more than 2022 of 1.31 but sales growth  is sub 40%, deviating from the long touted annual growth rate of 45-50%. IE, this mean gov't fantasy mandatory target of blah blah blah % EV sales by 2025 2030, 2035 etc likely not gonna come to fruition. I already said before emission targets promised by countries from copenhagen, paris, dubai climate accords are a joke, just pretty pretend to extend the baboonery.  Tesla better hurry up on their low cost model 2 instead of wasting time on vanity mobiles cybertruck, e-semi and roadster.

America's plan to replace gas guzzlers with electric cars was doomed from the start (msn.com)
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