Suncor Energy Inc T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

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.

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Suncor Energy Inc > Drought all over and crack spreads

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Post by lifeisgood1010on Aug 19, 2022 11:51am

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Post# 34907519

Drought all over and crack spreads

I wonder how many investors take into account all the major drought occuring all over the world.

In china the water level are in many places at critical level.Same thing in the USA.

Lake Mead level is 25 feets lower...

There will be huge demand for company that still have long live assets like SU, CVE.CNQ...

How reliable will be these eletric power stations going foreward?

As i write, WTI is up$1.30 but the 3-2-1 spread is keeping up at $58.57.

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