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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 marketsenseon Sep 03, 2022 2:08pm
445 Views
Post# 34940189

Nuttal

NuttalEric Nuttal,  love him or hate him,  in a rcent interview about Trideau's remark re
no economic case for LNG in Canada at this time.

His response in which he prefaced his comments with "as polite as I can be"  it 
would be the equivalent of bulding 10 hospitals a year or.....

Alternatively it would be the equivalent to reducing as much carbon from burning
coal as elimnating every ICE vehicle from Canada.  

While his responses lack hard numbers to back up his point,  they are still quite
astounding.  And that is just one 1 LNG facilty on the East Coast.

Now from a guy who may not be perceived as the most pro environmentalist among
analysts,  he presented a picture that surely must have resonated among even the
most hardcore of anti fossil activists including the PM himself.  If it didn't then I 
don't know what would except an unequivoacal "termination" at the voting booth.

MS

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