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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

Comment by Experiencedon Sep 29, 2022 3:51pm
250 Views
Post# 34995787

RE:RE:RE:RE:RE:RE:RE:Pipeline sabotage

RE:RE:RE:RE:RE:RE:RE:Pipeline sabotage
Farmer12 wrote: The U.S. mid-term elections are a month or so from now, and are usually largely decided on pocketbook issues, such as the price of gassing up your ride. President Biden and the Democrats have no interest in rocking the energy boat at this time. They would love to have the price of oil and gas drift downward until the election, even helping the trend by releasing from the SPR. Keeping all the NATO members in line is difficult enough without pulling a senseless stunt like blowing a few holes in pipelines that weren't even moving any gas.
Over the years, I have spent considerable time in the US especially in the years since I retired.  From this experience, I have learned a lot about US election mentality from the close friendships I have developed.

1….…. a large number of people will vote Republican or Democratic no matter what

2.....even more importantly....about 45% of the people in the US don't pay income tax and will vote for anyone who will give them free stuff and others have to pay for it. So politically Biden is very smart with his spending plans and says the rich will pay for it.  With 45% of the people voting for Biden's free handouts it makes it difficult for the Republicans to win.  The recent polls confirm this.

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