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. > Bitumen is the answer

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Comment by mrbbon Nov 21, 2023 6:13pm

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Post# 35747403

RE:Bitumen is the answer

forgot to add. Without asphalt pavement, what will EVs drive on, recycled battery materials?
Without oil, what kind of tires will EVs ride on? there are no other material come close to replacing the conventional tires. Fact is EVs still dependent on oil. Only with lipstick and makeup that make EV look like it will replace oil.

Oil is used in tire production for two main reasons. Firstly, oil is used as a raw material, particularly in the form of synthetic rubber, which is derived from petroleum 1. Secondly, oil is used as an energy source in the tire manufacturing process, from powering machinery to heating molds.

Carbon black, one of the most essential ingredients in tire production, is also a petroleum byproduct

mrbb wrote: Yes, i do agree oil/bitumen are not put into better use than just distillated into fuel to burn for energy. Having said that, fossil fuel still hold more advantageous than other form of energy. Anti oilers vilify bitumen, often calling it tarsand. Well asphalt roofing is what most houses have on now, it is horrendously more expensive to put on tile roof, steel roof. Alternate to asphalt roofing, new houses easily would cost extra 5% or more.

Here's a new product that could be sourced from bitumen

Bitumen the answer to Alberta’s energy woes (msn.com)