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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 Chad123on Mar 13, 2022 10:33am
145 Views
Post# 34509904

RE:RE:RE:US Ban on Russian Oil Imports - A Joke

RE:RE:RE:US Ban on Russian Oil Imports - A JokeSounds pretty bang bang on to me.

Thanks



mrbb wrote:

the west is delusional to think their sanction gonna crush russia. These sanction only gonna hurt the west themselves way more. The SWIFT isn't `100% closed to russia, i heard 1 or 2 bank are allowed to do transaction with russia. The west hit russia with pull out of macdonald, apple,  PepsiCo, CocaCola, Starbuck, Adidias, netflix, Lego, Disney, facebook, twitter, Chanel, Burberry, Louis Vuitton, Gucci, Hermes.  Wow, that's gonna hurt the russians, China would be happy to fill in that void.  Meanwhile, the west will face shortage and inflation of real stuffs, like wheat, corn, oil, gas, fertilizer, copper, aluminium, nickel, platinum, palladium. China is ready to buy them on the cheap, strengthening china's economy. Putin had prepared this scenario for the past 15 years. I doubt he would give it up that easily. 

Nickel PRICE Today | Nickel Spot Price Chart | Live Price of Nickel per Ounce | Markets Insider (businessinsider.com)

China knows if russia fall, china is a sitting duck. 


 

The western media painted Putin as a crazy man. Approximately 69% of Russians now approve of Putin.  That's way more than biden or justin trudeau in their respective country. 

  

liljohnnyjoke wrote: China and Russia forged new economic ties just before the invasion, guess the timing was just coincidence?

China supports the invasion.

China and the rest of Asia will take all oil the west doesn't want.

So all the western sanctions do is drive the oil price up and ensure that Russia gets Way more $$$ per barrel than it did a month ago.

 

 



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