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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 > OMG - It Can't be True!!
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Post by Experienced on Jul 07, 2022 9:38pm

OMG - It Can't be True!!

Soooo.....we have learned that the Biden Administration sold oil from the SPR to China through Sinopec, a Chinese company with strong ties to the Chinese leadership.  This is pretty bad and begs the question - "How does selling oil from the SPR to a Chinese company help to lower US gasoline prices?"

What the press isn't telling you is that a significant shareholder in Sinopec is a firm called BHR which a number of years ago bought bought a $1.7 billion stake in Sinopec (yep you got it - $1.7 billion).  But the big secret is that the current listed owner of BHR is non other than the infamous Hunter Biden, the President's son.

The level of corruption going on is nothing short of mind bogling IMHO and yet, if you watch CNN or MSNBC there is nary a whisper about any of this and so most of the people in the US have no clue about any of this.

So while, the press talks about climate change and what the Biden Administration is doing about it, not a word is spoken about the millions they are pocketing in the meantime at the expense of "hard working Americans".  Such a shame IMHO.
Comment by mrbb on Jul 08, 2022 6:58am
big tech google, twitter and FB have been filtering, banning account, and deleting info that contain dirt about the hunter biden and joe biden from laptop leaks.   China has been buying SPR oil since 2017.  This recent spr release are sold to US refiners like exxon-mobil (chevron, valero also involved in previous spr oil sale) and then re-sold to EU and asian market thru various ...more  
Comment by MigraineCall on Jul 08, 2022 10:41am
Well, FOX is all over it.... https://video.foxnews.com/v/6309269668112
Comment by mrbb on Jul 08, 2022 2:42pm
china must be desperate for more oil when they can buy oil cheaper from russia. 
Comment by Experienced on Jul 08, 2022 5:33pm
Good to see somebody is talking about it Really feel for my American friends....corruption is rampant in both political parties and the losers are the everyday working stiffs.  We are watching the fall of the American Empire right before our very eyes. When you watch American TV they keep talking about how great the US is.   Usually when somebody feels they have to tell you over and ...more  
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