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 > Diesel/Fuel Oil inventories very low in Eastern USA

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Comment by mrbbon Oct 04, 2022 7:12pm

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Post# 35005487

RE:RE:Diesel/Fuel Oil inventories very low in Eastern USA

look like pump gas prices are reversing from its recent low.

eyes should be on where the puck is heading to

Saudi Aramco says the world is totally misreading the oil market and too focused on 'short-term economics' (msn.com)

mrbb wrote: diesel is already 35 cent/l more than regular gas in my area.
enjoy the cheap gasoline for the time being.

Clemxb7 wrote: https://pbs.twimg.com/media/Fce6jM8XEAIrHt0?format=png&name=small

Low overall US inventories in spite of SPR releases.

https://pbs.twimg.com/media/FcivMtIaQAAcbZR?format=jpg&name=small

I agree US Elections may be key. SPR will halt sometime in the next few months either once everyone has voted or once the 200 million bbl target is hit. If you look at the inventory graph what happened in 2021 looks like it may resume in 2023.

If that occures yikes!