Suncor Energy Inc T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

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.

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Suncor Energy Inc > The beauty of refining margins

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Comment by mrbbon Aug 17, 2023 3:24am

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Post# 35592317

RE:RE:RE:RE:RE:The beauty of refining margins

mrbb wrote:

Experienced wrote: mrbb.....According to Consumer Reports, the average lifespan of a car EV battery is about 500K km or about 17 years for the average driver.

How they know this is beyond me but if it is true then very few people will experience your last sentence. As for charging, there are basically two standards....TSLA and everyone else and even there there are adaptors.

please quote consumer report correctly

Consumer Reports estimates the average EV battery pack’s lifespan to be at around 200,000 miles, which is nearly 17 years of use if driven 12,000 miles per year.

200,000 miles equate to 323,800 km, not 54.4% more at 500,000 km.

How does consumer report define a battery lifespan? A good defective free EV battery loses 1/3 of charge in 15 years. Seem like consumver report define battery life at 17 years or around 60% of charge capability. In extreme cold and hot environment, cut those figures. For a chinese brand which most people likely can afford, cut those figures some more.

It cost 22k C$ to replace tesla model 3 battery, that's 6.77 ct/km operating cost just for a new battery.

@7:50 (4) Out-of-Warranty Tesla Battery Life: The TRUTH - YouTube

Do people replace their phone battery or just go get a new smartphone? That's the clue to EV.