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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 Experiencedon Mar 10, 2022 7:53pm
321 Views
Post# 34505015

US Ban on Russian Oil Imports - A Joke

US Ban on Russian Oil Imports - A JokeThe Bill passed in the US House of Representatives to ban Russian imports has some interesting clauses..

1....it will not take effect for 45 days afer it gets senate approval

2....it will not include any oil contracted in the next 45 days

3...Biden can override it if he thinks it is in the national interest to import the oil

Soooo...unless the Ukraine war lasts another 45 days this bill is meaningless and if the war lasts longer Biden can override it if he thinks gasoline prices are too high..

Putin has gotta be laughing at this.  Talk about a toothless tiger and yet on CNN they are saying "OMG Biden and Pelosi are sticking it to Putin" ------NOT


Meanwhile back at the ranch, Zelenskky is saying enough already about words, I need concrete action/support!!!
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