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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 matt2018on Jun 23, 2023 11:41am
124 Views
Post# 35511337

RE:RE:RE:Non-Opec Supply Muddles Bull Case for Oil

RE:RE:RE:Non-Opec Supply Muddles Bull Case for OilTorontojay.... once Tiff completes the job and sinks us into a recession, how much of his $500G salary are we going to be able to claw back?  With all the layoffs to follow, wont there be less tax revenue coming in to pay all these people?  Or do we just start printing again.
Also, what about rental housing?   Does that not calculate as inflation?
When interest rates go up, landlords costs go up so rental rates go up.
Small landlords are electing to sell instead (myself included), creating even less rental inventory in the market.
Won't that shortage cause rents to go even higher?



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