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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 marketsenseon Jun 03, 2023 11:39am
154 Views
Post# 35478448

RE:RE:RE:RE:$0.60 energy cost to drive 100 miles

RE:RE:RE:RE:$0.60 energy cost to drive 100 milesThere is no doubt that the advances in battery tech is going to continue to push
forward at breakneck speed.  That plus the adpotion of more AI in the efficient 
use of electrical energy as driving involves thousands of micro load demand adjustments instantaneously.

I can see so many applications for AI not only in improving the efficiency of EV's but
also in the more efficient use of the electrical grid.  The electrical grid is really badly
outdated and the whole grid needs to be upgraded to handle current and future needs.  It's 1950's technology and has served us well for many years but as with all
things,  its old and inefficient in todays world.

There are even experiments in beaming microwaves from receiving/transmitting
stations that will oribit around the earth which can use the suns power to provide 
us with an inexaustible amount of energy on earth.  These experiments look very
promising as science and technology continue to advance more rapidly with the 
use of AI in the energy space.  Living in a very interesting time as our world is
transitioning away from fossil fuels which we badly need to do.  Nicholas Tesla
if he were alive today would be ecstatic with these developements.  He was the
Galileo/Einstein genius of his time in the electrical energy field and would be one
of the lead scientists even today.




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