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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 Clemxb7on Jun 24, 2022 9:18am
226 Views
Post# 34779789

Energy will have a higher value in the future

Energy will have a higher value in the future Remember ESG is a political goal while meanwhile oil runs the world.

Don't lose sight of the fact that oil demand in the future may lower to 75 million bbls a day though the price could still be $250 / bbl due to scarcity. 

Biden is crapping his pants because he knows the price of oil really really matters.

The ESG people and Vlad Putin hate Suncor because it is located in North America and it produces a sh$tload of oil for the west. 

Publically Biden shames the oil companies to get the heat off himself though privately he's on his knees to the oil majors.

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