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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

Comment by Chris007on Jul 21, 2021 2:13am
138 Views
Post# 33580065

RE:Hey thanks for your question.

RE:Hey thanks for your question.It seems that these days, noone can really get legislation passed in the US due to gridlock in congress/senate. Therefore, they basically just kick the can down the road.

Only way things get done in washington, it seems is via executive order from the presidency. Basically that was the case with both of Bidens predecessors, Obama and Trump. The main problem with that is, it lacks the permanence of legislation and will probably get rescinded by the next guy in power (like what Trump did with many of Obama's executive orders, once in office, and what Biden also did to a lot of Trumps executive orders)

That being said, it would be a mistake not to acknowledge that the office of the president still wields enormous power.

ilvmyt5s wrote: Hey thanks for your question. The Democrats can't set policy. So no change. North american energy will stay the same. Here's a question, do you think the divi will be higher than 5% when they reinstate it? How long do you think this will happen?

sorry i had to start a new post SH gui s u c k s


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