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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 and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. The Company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.


TSX:SU - Post by User

Comment by Chad123on Jun 07, 2022 8:20pm
216 Views
Post# 34738810

RE:Sign of the Times

RE:Sign of the Times
Experienced wrote: Before getting on with what I want to say....Some may call me elitist....I am not poor so perhaps I am different than the majority of people.

This evening, I went out of my way to fill up my full-sized SUV at 2.05 a litre whereas the price through most of day was 2.14.  The fillup cost me 90 bucks.

Earlier today my wife and I made the the decision to buy an EV and we are looking at what's available. We narrowed the decision down to a TSLA Model 3, a BMW i4 or a Hyundai Ioniq5.  Sometime over the next couple of weeks we will order one of them.

Why do I mention this?

Unless I am atypical ( perhaps I am ), this spells a sea change in the future market for oil demand for transportation oil.



Good luck with your purchase.
Would be nice if you would be kind enough to report back on what you buy, what it cost including charging system. Could be possible to use these to charge your house in the event that there is a power outage and you are fully charged. Likely that you will have an increase on insurance and more costly repairs if needed.

I like the F150 lightening but already own a 2017 ice version.

Cheers!
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