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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 mrbbon Jul 24, 2023 7:56pm
161 Views
Post# 35555126

RE:RE:RE:RE:RE:RE:RE:RE:RE:How long should I wait

RE:RE:RE:RE:RE:RE:RE:RE:RE:How long should I wait
marketsense wrote: This is a very interesting debate going on and several interesting points were raised.
The one that caught my attention in particular,  was the fact that so many Cdns and
Americans do not live in single family homes and therefore are not in control of their
landlords or owners desire or ability to provide EV charging outlets for their tenants.

This is going to dampen the EV transition considerably unless gov'ts begin to intitiate
tax incentive programs or rebate grants to facilitate this transition.   Home owners that
have already intsalled them and paid for them out of their own pockets will be angry 
and I can't blame them.  Gov'ts want to push the EV transition forward but they had
better think this through carefully.   The barriers to transition are steep for many of
the population.  Charging outlets need to be available in mass quantities and someone is going to have to pay for them.  The dollar amount to retrofit buildings
including office towers,  appartment blocks,  and large industrial businesses will
be significant if not staggering.

We have many existing rebates or tax based incentive programs for various types of
energy saving home improvements but EV installation is currently not one of them.
Gov'ts if they are really serious about an EV transition are going to need get moving
on this and provide rebates or tax incentives for everyone.  Just another big issue
on the transition pathway that needs to be considered but so far not mentioned as 
far as I know.



you're too kind to says we're having a debate. There is no debate here as one side only presented opinions base on somewhat dated 'past experience', outside his sector/expertise, back by no data, math, chart, statistic or links. (hence i had used the term poser when i first encounter such poster) The experienced only dough out fear oriented cautious advice, stay out of the market. He didn't suggest any 1 of the nasdaq 7 hot stocks. The world is changing too fast too much for old past experience to have current value. I view his past experience as a market generalist, you know financial planning/mutual fund sector. only work if history repeat exactly. We all know history doesn't repeat exactly.  If you want to invest money base on rhymes, go ahead, the world is full of rhymes, synonym, homonym mixed in with emotion and manipulation. 
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