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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 production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Bullboard Posts
Comment by Canonballon Mar 25, 2009 7:40am
428 Views
Post# 15868389

RE: RE: RE: RE: interesting.....

RE: RE: RE: RE: interesting.....digger09...the only place that oil is going ...is south...the Chinese were willing to spend 3+ billion dollars on a pipe line to the coast (a few years back) from the oil sands to Prince Rupter and that idea got dumped.

The US knows Mexico production is about to take a huge crash here in the next two years... so they are all ready gearing up with several refineries in the US preparing for Alberta heavy oil bituman processing. 

That's why the planned upgraders in Alberta are getting shelved...and that's why the Alberta government is thinking about getting into the upgrader business.

The plans and pipelines are already in place... and Eastern Canada may get included, but I doubt it ...that would mean Canada would only be able to supply it's own needs coast to coast ...the Americans wouldn't let that happen.   

Good old NAFTA wouldn't let that happen either.

In any case add to your SU positions on the dips.
Bullboard Posts