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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. > Diesel/Fuel Oil inventories very low in Eastern USA
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Post by Clemxb7 on Sep 13, 2022 12:26pm

Diesel/Fuel Oil inventories very low in Eastern USA

https://pbs.twimg.com/media/Fce6jM8XEAIrHt0?format=png&name=small

Low overall US inventories in spite of SPR releases.

https://pbs.twimg.com/media/FcivMtIaQAAcbZR?format=jpg&name=small

I agree US Elections may be key. SPR will halt sometime in the next few months either once everyone has voted or once the 200 million bbl target is hit. If you look at the inventory graph what happened in 2021 looks like it may resume in 2023.


If that occures yikes!
Comment by mrbb on Sep 13, 2022 5:57pm
diesel is already 35 cent/l more than regular gas in my area.  enjoy the cheap gasoline for the time being. 
Comment by mrbb on Oct 04, 2022 7:12pm
look like pump gas prices are reversing from its recent low.  eyes should be on where the puck is heading to  Saudi Aramco says the world is totally misreading the oil market and too focused on 'short-term economics' (msn.com)
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