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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 Vlosunon Jul 23, 2021 8:45pm
166 Views
Post# 33600175

RE:RE:E.V recalls

RE:RE:E.V recalls
Testimonial of the dayjai an electric vehicle (FFE 185km) and I do not use it for long trips. I tried once and it was unpleasant. It is useful in town and for shopping. If I had to have only one vehicle it would be an ICE. I don't believe the electric F150 will be a success. It has insufficient autonomy and the use that people make of this type of vehicle requires greater autonomy and safety when refueling. We don't want to be stuck in the woods! Knowing that pickups represent almost half of sales in the United States, there is no need to worry at the moment with lithium batteries. The price is astronomical and unlike in Quebec where we pay electricity 0.08 kw, and $ 5 per gallon, it is much more difficult to make profitable the purchase of an EV in the USA where the energy costs are reversed. In addition, the cost of insurance is triple in the USA because EVs are very expensive to repair. We are announcing a democratization of EVs but I am skeptical. It will be a long time to replace the good old oil and sound of a V8. I prefer my S5 by far.
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