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.

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Suncor Energy Inc

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Comment by steeplechaseon Mar 06, 2011 9:53am

399 Views

Post# 18240099

RE: RE: RE: Recommentation for Suncor here...

I really have to agree. Even at this price ($104), oil will have a detrimental effect on the U.S. economy and its fragile recovery. This is really a question of "careful what you wish for". The Saudis are not too far wrong when they see $80 as a reasonable price for petroleum.
There is so much uncertainty out there.

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