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Bullboard - Stock Discussion Forum 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... see more

TSX:SU - Post Discussion

Suncor Energy Inc > Biden win equals....
View:
Post by Wynjoe on Nov 06, 2020 3:22pm

Biden win equals....

Extreme lockdowns,borders remaining closed,stagnant economic growth,less investment,a country that will see renewable energy replacing fossil fuels.
Comment by liljohnnyjoke on Nov 07, 2020 6:06am
If Biden kills oil the price will shoot way up and the costs to make and transport electric cars, wind turbines, solar panels and everything else will skyrocket and make them uneconomical. Plus burden everything and everyone else and send the economy in to deep recession due to out of control inflation.
Comment by Fishermen on Nov 07, 2020 10:19am
In the near term, he might be more strict  on lockdown, which is not good news for oil. CNQ post a surprise  earning, but still went down. Oil and gas is unwanted  child now.  In few years, maybe there should be a  a chance for me  to exit. I am prepared  to see my little  investment  getting  halved  or even worse. 
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