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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 > Canada offers 300mboe/d to EU
View:
Post by autofocus111 on Mar 25, 2022 1:50am

Canada offers 300mboe/d to EU

Just another empty promise by a politician.

>>>OTTAWA - Canada's oil and gas producers can hike output by the equivalent of 300,000 barrels a day by the end of the year to help displace Russian fossil fuels, Natural Resources Minister Jonathan Wilkinson said Thursday....While Brunnen said he appreciates the federal government's willingness to acknowledge a short-term role for Canada in the current energy supply crisis, he said the real question is what happens in the medium to long-term.“Any company that's looking at increasing production is going to be faced with the additional risk of the investment community not necessarily being supportive of this growth, which has certainly been the case in the last several years,” he said. “So unless there's a clear signal from government indicating support for growing production and growing egress, there's a real chance the investment community might not be supportive of these companies and any growth plans.”

https://www.ctvnews.ca/business/canada-to-hike-oil-gas-output-by-300-000-barrels-a-day-to-help-displace-russian-fuel-1.5833606
Comment by Chad123 on Mar 25, 2022 9:38am
Not just an empty promise but also another way of stabbing us in the back no matter what happens. When we don't do it because the government has not talked to industry before making the promise then we have failed to respond to the EU when they asked for help. Just to remind folks that the EU, libs and NDP have been demonizing our oil for years. If we could do it and we do and we make some ...more  
Comment by pooltec on Mar 25, 2022 11:30am
New tax then get a better accountant to invent new write offs.
Comment by auagntungsten on Mar 25, 2022 7:57pm
Many Canadians have very good morals, thus the NDP and Liberals got in with minority governments colaberating. The Canadians won't forget the corruption and what the conspire to do, 2025...end date. If a non confidence election takes place and the Conservative try to rebuild this mess I belive it will be one hundred years before the liberals ever get in again. The NDP has/had a following that ...more  
Comment by Clemxb7 on Mar 27, 2022 2:56pm
Historically the minority governments always had to form colitions to form governments. The liberal NDP coalition will last as long as it suits one or the other - no Ionger. Only about 1/3 of the Canadian peoples are conservative. At the best the conservatives can get maybe 38% of the vote. The rest is divided by Liberal, NDP, Bloq (french npd) and greens (NDP on steroids). When I look at how ...more  
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