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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 29, 2023 4:06pm
112 Views
Post# 35563340

RE:RE:RE:RE:RE:RE:RE:Jim Farley: EV adoption will take longer than expected

RE:RE:RE:RE:RE:RE:RE:Jim Farley: EV adoption will take longer than expected

Experienced wrote: Guess if I said it was sunny you would bash me if there was a cloud in the sky....lol

Suppose your post the other day that 99.99% of Inuit know about polar bears was based on your infinite and detailed knowledge of everything.  Especially since more than half of the Canadian polar bears live around Churchill Manitoba and based in a recent census only 10 Inuit live there.

Similarly I also suppose the large (lol) Inuit population in Ontario around James Bay know about polar bears that live there...

As for the EV tax, you are so negative about me that it clouds your understanding of the basic points I am making.  As for the Sask EV tax....$150 is peanuts compared to what someone would pay in road tax for an ICE over a typical ownership period.  So stop being intelllectually dishonest just to try criticize me and while you at it grow up!!

Just help you out - the point I was making in response to Migraine was that the price advantage to EV owners was going to last a long time (yes "a long time" is vague and I am sure in your infinite wisdom you know exactly when that date is).  But as an investor, all I need to know is that the relative cost will be in favour of EV owners for the foreseeable future and from there it provides sufficient information to make an investment decision and make some money. Do I need detailed math for that?  Nope.  It's just like when I am out cycling, if there is a headwind I know it will harder than when I have a tailwind.  Whether it is 15kmh or 20, doesn't change that fact.

your rebuttal on my polar bear example is just one more display of you using over exaggeration to skew my orignial comment.  I never gave a specific number like 99.99% inuit represention about polar bear knowledge. It is a known fact that there's a polar bear over population problem, the inuits know it, the science community know it. 
Polar bear numbers are so HIGH they threaten native Inuit populations, finds Canadian government report | Climate Depot

'So many bears': Draft plan says Nunavut polar bear numbers unsafe | CBC News

On the subject of government  levying extra cost onto EV driver, now you changed your pretense to price advantage of EV being 10, 20 or 20++ years:  LOL typical Experienced, the poser.  Over exaggerating rebuttal and changing the pretense of his argument.  

My reply was staying in topic about gov't levy and taxes but now you change your original pretense  to about price advantage of EV which is new vague term.  


Going from: 

Experienced wrote:
Couple of points Migraine....
 
1......the Federal Government will get tax revenue from increased electricity usage from the GST portion of the harmonized sales tax
 
2....since many people will be charging their EVs at home so an electricity tax would also tax non EV people plus "virtue signalling" the idea of the Feds increasing a tax in electricity usage is at least one to two decades away and most likely longer than that


To:

Just help you out - the point I was making in response to Migraine was that the price advantage to EV owners was going to last a long time 

 

You definitely need an EV with FSD as you can't seem to stay in your own lane LOL

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