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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 Obscure1on Apr 10, 2023 5:59pm
124 Views
Post# 35387486

RE:RE:Wednesday

RE:RE:WednesdayWhat are the chances that Trump doesn't split the Republican vote?

Even in a make-believe world where the Republicans win, would the win suddenly:

* make Volkswagen discard its $185 billion committment to its EV platform.  
* make GM hire back the 58,000 white collar workers 
* make Ford stop its Blue Oval development 
* make auto makers rescind their tens of billions of dollars committment to battery production
* stop Tesla from its current committment to add 4 million compact cars per year 

Would people would rather:

* spend under $20,000 on a new EV or $50,000 on an ICE vehicle?
* spend 1/8 of what it costs at the pumps if you charge at home?
* pay for oil changes every six months or not?
* pay for repairing or replacing engines and transmissions or not?
* drive the safest car in the world or not?
* receive regular over-the-air updates that keep EV's technically brand new for 20 years, or face 20% depreciation on their ICE vehicle the moment they drive off the lot and then face 50% depreciation over 4 years. 

EV's will make up 12% of new car sales in America this year and probably 24% next year.  And so on.  

No political party is going to pin their election hopes on promising something that people don't want. 

I just got a PM from Experienced that poked fun at my inability to refrain from responding to stupid stuff even though I promised myself I wouldn't do it.  He's right...I'm the idiot.  Let's see how long I can refrain this time :)
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