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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, 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.


TSX:SU - Post by User

Post by Experiencedon Aug 26, 2022 7:09pm
263 Views
Post# 34923887

Incompetence Sheer Stupidity or Political Genius

Incompetence Sheer Stupidity or Political GeniusThe Strategic Petroleum Reserve was set up to provide oil for the United States to meet unforseen disasters which could from such things as hurricanes or other natural disasters or in a war situation or similar emergency situation.

While the Biden Administration has done lots of things to diminish oil security in the US, it decided that the high cost of gasoline was an emergency and began draining the SPR. Now, the Energy Secretary has sent a letter to the major oil producers and refiners asking them to stop exporting oil since this oil will be needed in the US going into hurricane season.  

At thr same time Biden is telling Europe "we have your back if you face an energy crunch"

So you be the judge is this

A....Incompetence

B....Sheer Stupidity

C.....A and B


D....Political Genius


Voting ends at midnight Eastern Time.
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