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 heraclituson Jun 04, 2012 1:27pm

379 Views

Post# 19978024

RE: RE: RE: RE: is taking profits a good idea ...

I think OPEC is happy to sit on $80 oil in the current situation. Europe is teetering precariously - certainly into depression if not dissolution. US growth is tepid and faltering if not failing. China and India growth rates are plunging. Higher oil prices do nothing for anyone at this time including OPEC.

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