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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 Experiencedon Jul 07, 2022 9:38pm
472 Views
Post# 34810108

OMG - It Can't be True!!

OMG - It Can't be True!!Soooo.....we have learned that the Biden Administration sold oil from the SPR to China through Sinopec, a Chinese company with strong ties to the Chinese leadership.  This is pretty bad and begs the question - "How does selling oil from the SPR to a Chinese company help to lower US gasoline prices?"

What the press isn't telling you is that a significant shareholder in Sinopec is a firm called BHR which a number of years ago bought bought a $1.7 billion stake in Sinopec (yep you got it - $1.7 billion).  But the big secret is that the current listed owner of BHR is non other than the infamous Hunter Biden, the President's son.

The level of corruption going on is nothing short of mind bogling IMHO and yet, if you watch CNN or MSNBC there is nary a whisper about any of this and so most of the people in the US have no clue about any of this.

So while, the press talks about climate change and what the Biden Administration is doing about it, not a word is spoken about the millions they are pocketing in the meantime at the expense of "hard working Americans".  Such a shame IMHO.
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