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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 RagingBull3on May 12, 2022 12:05pm
177 Views
Post# 34678103

MONEY PRINTING = INFLATION....... PERIOD.... Everything Else

MONEY PRINTING = INFLATION....... PERIOD.... Everything Elseplays only a very minor influence on inflation.  (ie... interest rates, supply/demand of goods & services, Covid, supply chain...etc).... 

Propoganda will blame Covid, supply chain issues, supply/demand, and zero interest rates...etc etc etc for inflation  to deflect from the TRUE cause of Inflation........

MONEY PRINTING.

If you want to fix inflation, you have to deal with the cause.....Money Printing (Money Supply).

Rasing interest rates helps, but it's pissing in the wind if you don't do anything about the Money Supply.

Stock Market may crash........... but prices of goods and services most likely will remain high as long as Money Supply remains elevated.


All just my opinion/view/thinking.



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