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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 May 14, 2023 9:58pm
148 Views
Post# 35447658

RE:Reset

RE:ResetWise words my friend.

When you and I were growing up, you only bought what you had saved up for.  You didn't mortgage your future for anything but a home.  Even with a home purchase, people planned to pay the loan off in 25 years and often the down payment came from a hand me down.

Today, the "bankers", and I use the word loosely, offer dreams of "living for the day" which is great as long as nothing goes wrong. 

Until one has had a real setback, like getting sick, or getting fired, or realizing that two halves don't make a whole after a divorce, it is difficult to comprehend how tenuous it can be living on the belief that as long as you make your payments everything will be ok.

Governments are even more irresponsible than people.  The example of Trudeau giving VW $13 billion, which equates to about $4.3 million per job created (sorry for screwing up my last post) should make everyone shudder.  Trudeau had already mortgaged our future the setback of Covid hit and then he doubled down on debt to present a false image that he had our back.  However, the only back that we saw was Trudeau's as we saw was him running for his cottage instead of facing up to the truckers.

When our leaders are the absolute worst of the worst in our society, what is the message being sent to our youth?  Nobody believes in anything.  Can you blame them?

As far as the possibility of the American financial system crashing as a result of a political standoff, we have nothing new to worry about.  The real power remains in the hands of the US military so nothing has changed.  The military will get its funding and that is all it cares about.  Anyone standing in the way will learn the hard way. 

So, life goes on.  Biggest guns always win and we all get to pretend otherwise.
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