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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

Comment by mrbbon Oct 22, 2023 4:54pm
133 Views
Post# 35695457

RE:RE:RE:RE:RE:RE:Reprieve for ICE vehicle industry good news for SU

RE:RE:RE:RE:RE:RE:Reprieve for ICE vehicle industry good news for SU
vr6loco wrote: Don't know what the big deal is, I certainly value everyone's posts, including Experienced an Obscure1. Ignor button is a option. I don't necessarily agree with everything they say. They both traded in and out of SU. From my perspective, I've owned a Tesla for the last 6 plus years, great car for my needs, and perhaps not for many others. I kinda hope it stays that way, as I'm invested here in SU. My second largest holding right now. I still don't pay road taxes and costs about $30 a month in electricity.(see how long that lasts)
My thinking is that we need more energy of all types including oil. I believe oil demand will continue to grow before it shrinks. We will eventually get a favorable government in power and things will be even more bullish for SU.
F ESG , F the climate change crowd and especially F the current government!
GLTA

no doubt EV owners are enjoying the current lax laws and cost that haven't caught up to EV, yet. I think the best advantages now are having an ebike.  They don't need to buy license, insurance, exempt from street legality compliance and cheap the charge up. They can ride on roads,sidewalk walking trailing, school ground, concrete stairways, scot free but illegal for licensedl motorcyclists
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