Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Experiencedon Jul 07, 2022 2:27pm
141 Views
Post# 34809122

RE:Rex Murphy: The Liberals are out to lunch on high gas prices

RE:Rex Murphy: The Liberals are out to lunch on high gas pricesNor sure what the right word is but "curiously", while China may not be signing on the Western agreements regarding climate change, they are in fact doing more than the West but in a balanced way.

Part of their ability to do so is due to that fact they have a dictatorship form of Government and instead of zealots they have pragmatic leaders who are prepared to take their time and get but right.

So why do I say "balanced"?

On the one hand they are securing future supplies of oil and gas primarily from Russia so they will have enough supply during the transition.  While this is going on they are going to build a significant number of nuclear power generating plants (the West?....you guessed it...none).  They are also significantly expanding their renewable energy sources and in fact most of the world's supply of solar panels are made in China.

On top of all this, they have banned gas engines in things like motorcycles in a number of cities such as Shanghai.

The end result IMO is that China will be able to move to a lower carbon intensive society without running into the disruptions that the West will face based on the push by the zealots.

The difference between the West and China is that in the West, the zealots seems to think all you need to do is flick a switch and everything will work out, whereas in China they know the transition will take time and all members of the orchestra need to playing the same tune.
<< Previous
Bullboard Posts
Next >>