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. > Interesting Article

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Post by Experiencedon Jul 02, 2024 7:14am

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Interesting Article

I have talked in the past about Government debt and the implications for a lower standards of living for future generations. By extension this impacts directly on future asset prices including of course oil prices.

Here is a link to what I think is a well written article on the subject. Prudent investors would be wise to keep this in mind, especially those here who are young.

https://www.cnn.com/2024/07/02/economy/global-debt-crisis/index.html

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