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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 15, 2022 12:45pm
107 Views
Post# 34515501

RE:The next move for the CIR (China - India - Russia) Axis

RE:The next move for the CIR (China - India - Russia) Axis
Obscure1 wrote: It is anticipated that it will take 3-4 years for Russia and China to complete the pipeline infrastructure to take care of all of China's future hydrocarbon needs while supplying Russia with the market that it needs for its resources.

In light of the inflated prices of nat gas and the latest Russia-India pact, I expect that the Russia to India pipeline proposal will be put back on track and expedited quickly. 

So what's next?

Taiwan. 

Why?

Taiwan controls 92% of the world's supply of semi-conductor chips.

I expect China to move in and take Taiwan overnight (as opposed to Russia bungling the Ukraine takeover) when China's new hydrocarbon infrastructure is secure in 3-4 years.  At that point in time, the gloves will officially come off.

What does this mean for Canadians?

Like the ROW, Canada is going to have to choose the Red pill or the Blue pill.  Given our ties to the USA and to Europe, the choice is obvious.

What has me intrigued is where the real war is going to happen.  Will it be the South China Sea or the Stans which represent the buffer zone between Russia and Europe?  I think we may see two fronts, much like we saw in WW2. 

China has already warned the US to forget about any idea of resurrecting SEATO.  America may believe it has no choice if it continues to want access to the Pacific Rim.  

Migraine has been sharing his local knowledge on the Rim's view that China is a bully to be wary of.  Will an American/European axis be better that CIR access for South East Asia?  I guess we will soon find out.

What concerns me the most is that China has been planning the future of the world for the past 40 years if not more, while Europe and America have been squabbling over domestic issues.  If Europe and America don't get their poop together in a hurry, the roadmap has already been set.



I think it has already been set.


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