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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 Oldnaggeron Aug 22, 2023 9:34pm
166 Views
Post# 35601073

RE:Blind spots

RE:Blind spots And when that magical day arrives when EV s have displaced all the IC s What do you think will be used to generate all the electric power required ? Solar , Wind , nat gas , diesel , heavy  fuel oil or coal
Hint , less than 30 years ago the power generators were very reliant on heavy fuel oil and coal . Only the fracking of nat gas was able to substantially change that scenario. Yet Oil sands will probably out last shale gas !! Forget about solar and wind there is not enough battery capacity any where to store up energy for seaonal demand variations. Same applies to nukes.
When fellows such as yourself start proposing workable solutions to a very complex problem, then I will unload my Suncor shares. Perhaps in 50 years time LOL !!
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