Suncor Energy Inc T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

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.

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Suncor Energy Inc > Everything is upside down

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Comment by Experiencedon Mar 08, 2022 6:59pm

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Post# 34497538

RE:RE:RE:Everything is upside down

liljohnnyjoke wrote: China became best friends with Russia in February just before the invasion.

So China will by buy all Russian oil and other raw materials with $US to manufacture goods and ship to USA for sale.

And China has been buying oil from sanctioned Iran and Venezuela all along so those countries likely will tell USA to take a hike in regards to selling them oil now when they are in a bind.

This situation couldn't be better for China to generate even more wealth and power.

Chinese citizens are the only ones who will be living the American Dream.

In a word.....YEP!!!

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