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 > A sign of things to come

<< Previous

Bullboard Posts

Next >>

Comment by mrbbon Sep 20, 2023 5:25pm

165 Views

Post# 35646230

RE:A sign of things to come

Lawisfun wrote: https://www.wsj.com/articles/californias-zero-emissions-rule-triggers-a-run-on-diesel-rigs-863d6444

so they say EVs are simple machines, have much fewer parts and even fewer moving parts.

Gillis said that when a diesel truck needs repair it is usually in the shop for three to four days. When a $400,000 electric truck is recalled it is usually out of action for longer. “That’s an expensive asset to lose for three to four weeks,” he said.

For EVs, insuers rather write them off after fender bender because usually the repair exceeds $50k

<< Previous

Bullboard Posts

Next >>

BCG-Unresponsive Non-Muscle Invasive Bladder Cancer Carcinoma-In-Situ: A Patient's Guide