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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 MigraineCallon Sep 11, 2023 11:05pm
187 Views
Post# 35630645

RE:QUIZ For The SH SU BB Readers: SPOT The ERROR !

RE:QUIZ For The SH SU BB Readers: SPOT The ERROR !That chart is accurate, in terms of global electricity generation.

User image

However you may be thinking of oil's larger role in total energy consumed.

I posted this before....

User image

The takeaway of all this is that fossil fuels play the largest role in our energy mix. Furthermore, they are the only sources that are quickly able to respond to meed increasing energy demand.

Solar, wind, hydro, are all long lead time heavy capital intensive projects, that cannot be easily stepped up as quickly as coal gas or oil fuels. Hydro is already built out, nuclear has a very long NIBY and build time, and wind and solar are intermittent requiring to be paired with another fossil fuel sourced baseload.

This is why fossil fuels will be a round for a long time as the energy 'swing producer'.

 
ztransforms173 wrote:
- there is a HUGE MISTAKE in this chart

- are you SMART ENOUGH or OBSERVANT ENOUGH to SPOT the UNFORGIVEABLE MISINFORMATION ?




https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2023-09-11_14-47-13.jpg?itok=EKXrTDv-

Source:

https://www.zerohedge.com/energy/what-elecricity-sources-power-world

- I say that it is PROPAGANDISTS AT WORK as I NEVER TRUSTED the Visual Capitalists charts

- ALWAYS a GOOD IDEA to go to the PRIMARY SOURCE of information and data

- let me SEE if it is WORTH POSTING on this BB

z173



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