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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 Quintessential1on Oct 03, 2021 11:05am
181 Views
Post# 33958625

RE:Lessons From the Movie The Matrix

RE:Lessons From the Movie The MatrixOddly enough for the people on the left it seems to them that the right supporters are the ones taking the blue pill as they do not want to face the reality of man made climate change.

A good economy will mean nothing when half of the world is on fire and the other half is under water.

The real reality is there is no red pill or blue pill and all of these considerations are important.

We can't have super sky rocketing debt and we can't have man made climate change increasingly costing us more and more money through natural disasters and famine.

It is never black and white or in this case, red and blue.


Experienced wrote: When I look around what is happening around the world and especially in the United States and periodically watch the US cable networks, it all reminds me of the 1999 movie The Matrix.

Just like the movie, it is very difficult to determine what is reality and what isn't.

It reminds me of the scene where Neo is offered a red pill or a blue pill by Morpheus.  It seems to me that most left wing politicians have taken the blue pill.

The problem that I am facing in terms of making investment decisions is that while I believe I have taken a red pill it may not be doing me any good as long as most people are living in the fantasy world provided by their blue pills.

In this fantasy world, traditional signals to determine appropriate action such as the level of government debt, inflation, supply chain issues, productivity, growth in the money supply etc go out the window and are for intents and purposes meaningless.  Without these yardsticks it is very difficult to make intelligent decisions.

One can only hope that more people wake up and realize that they need to take a red pill.  

One thing that history has proven since the dawn of time is that the longer it takes for sanity to return the greater and stronger the adjustment will be once things get back to reality.  How long it takes for this to happen is anybody's guess and for my part I don't have a clue but just in case I have hedged my bets by carrying above average levels of cash in my portfolio.


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