Suncor Energy Inc. T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

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.

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Suncor Energy Inc. > The Trudeau climate plan runs into reality

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Comment by mrbbon Nov 21, 2023 3:23pm

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Post# 35747048

RE:RE:The Trudeau climate plan runs into reality

Toyota, ford, stellantis are all re-focuing toward hybrid trucks.
The only realistic/useful e-truck now is Rivian.
The cybertruck is just a novelty, a showoff toy, not really practical for real truck buyers. As a truck drivers for decades, i try to like the cybertruck but i can't find merit for liking except for a few things
that are non EV related and any truck makers can improve on.

I believe e-semi and cybertruck are off the mark. If tesla made a truck that is closer to current truck,
no doubt tesla could wipe clean off the competitions AND will be mass producing it by now, years ahead of ford and GM E-trucks. The e-semi is thwarted with technical issue, and cybertruck is hard to scale up. It seem elon dream up something and then force his engineers to perform miracle. Unlike the real nikola tesla which his invention come from a plan and drawing, then tested on lab, not on hope and roll the dice and using buying consumers as beta testers. There are many more dislike about tesla EVs but i'm sure batman and robin should know these because they are expert in this area.

Kman86 wrote: More realities........in the minds of some,
demand issues and price cutting are being spun as a positive when it comes to EV investing. Speculation when it comes to investing is a dangerous game. It's always nice to sit back and let things sort themselves out because like it our not, a lot of these companies are going to fail miserably and as such, investors stand to lose lots of money.

https://www.cnbc.com/2023/11/21/ford-scales-back-ev-battery-plant-in-michigan.html