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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 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. The Company 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.


TSX:SU - Post by User

Bullboard Posts
Post by Oldnicknoron Mar 08, 2014 10:46am
227 Views
Post# 22298066

Keystone review

Keystone review
The review period is soon closing, and the dep't have received more than 15 000 comments, and probably several times more signatures.

I think there's no alternative for Obama but to approve the pipeline, but I could be wrong.


Keystone XL’s Factions in Late Rush to Coax U.S.

Jim Snyder, Bloomberg
Mar. 7, 2014

Proponents and critics of Keystone XL are unleashing a final flurry of pleas to persuade the government on the pipeline, which has become a flash point in a debate over energy development versus climate protection.

The public has until the end of today to be part of the official review of whether Keystone is in the national interest. After that Secretary of State John Kerry will weigh in and President Barack Obama will decide whether to approve or scrap the long-delayed $5.4 billion plan by TransCanada Corp. to bring fuel from Alberta’s oil sands to Gulf Coast refineries.

Most of the more than 15,000 comments submitted through yesterday reiterate arguments made during five years of review. Foes said the project would worsen climate change by promoting development of Alberta’s oil sands. Proponents said Keystone would help the economy and boost U.S. energy security.

“Keystone XL will result in no significant environmental, climate or cultural impacts, but it will create jobs immediately and significantly contribute to the U.S. economy,” the American Petroleum Institute, a Washington-based lobbying group, and 11 other industry organizations wrote.

Approving the pipeline would “lock us in to dependence on this dirty fuel for decades,” according to a letter Friends of the Earth, an environmental group, asked visitors to its website to sign.

More: https://www.firstenercastfinancial.com/news/story/57046-keystone-xlâ??s-factions-late-rush-coax-us
Bullboard Posts

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