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 > EIA Crude build +3m, Gasoline -3.2m, Dist -4.2m

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Comment by Hightowntraderon May 10, 2023 2:09pm

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Post# 35441270

RE:RE:EIA Crude build +3m, Gasoline -3.2m, Dist -4.2m

I just got back from Florida. I would estimate less than 5% EV/Hybrid seen on the roads, and a ton of large SUV's running on the freeway. Some Ubers were doing hybrids.

Airport stuffed, Disney and Universal stuffed, buses shuttling non stop, cash thrown around quite freely...My family has 2-3 more flight trips this year and a lot of driving to do too. Maybe 2024 will have the economy slow down, but I think most people have their agenda planned for 2023 as it is almost mid-May.

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