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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

Post by Obscure1on Sep 20, 2021 12:46am
220 Views
Post# 33885410

So you think the energy transition is going to be easy huh

So you think the energy transition is going to be easy huhFrustrated with warnings to park their cars away from their houses in case they catch on fire, Chevy Bolt owners are selling their cars back to GM

https://www.cnn.com/2021/09/18/cars/chevrolet-bolt-buybacks/index.html

EV issues are just the tip of the iceberg.

Brownouts and blackouts in the power grid are going to increase in number and duration as hydrocarbon based plants are removed. 

The energy transition is going to be messy.  Real messy. 

Biden and Trudeau etc. are in way over their heads.
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