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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.


TSX:SU - Post by User

Suncor Energy Inc > The Candidate for $200 Oil: Robert F. Kennedy Jr.
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Post by MigraineCallon Sep 16, 2023 2:35pm
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Post# 35639818

The Candidate for $200 Oil: Robert F. Kennedy Jr.

The Candidate for $200 Oil: Robert F. Kennedy Jr.Bring it on!

Robert F. Kennedy Jr
@RobertKennedyJr
7. I will ban fracking, which provides the feedstock for most of the plastics produced in the U.S.


Anas Alhajji
@anasalhajji
A fracking ban in the US will result in:

- About $200/b oil, $9/g gasoline and $9-$14 natural gas

- vanishing US oil exports

- more than doubling of US oil imports

- Heavy dependence on foreign countries including Russia and OPEC - complete destruction of the US LNG industry

- Europe has to yield to Putin’s demand to get the Russian gas - deterioration of the US trade balance of payments and weaker dollar

- loss of all political and foreign policy gains from the US being the largest oil and gas producer in the world.

Nothing will make Russia, Iran and China happier than a fracking ban!

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