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 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

Suncor Energy Inc

Bullboard Posts

Post by Big_Divyon Aug 11, 2010 3:14pm

650 Views

Post# 17342372

Unless Iran is bombed...

I don't see oil going back to the $87 high of the year
peak driving season is half done
and oil crude supplies are at all time highs
oil has been in a sideways trading pattern for months
I see oil falling back here to retest lower support levels at $70
with prices bottoming in late Sept , early October at the $60 level

JMHO

Bullboard Posts

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