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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 > DARK CLOUDS Are Moving Rapidly Over The WORLD Economy
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Comment by ztransforms173on Oct 03, 2023 10:07am
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Post# 35666631

RE:RE:RE:DARK CLOUDS Are Moving Rapidly Over The WORLD Economy

RE:RE:RE:DARK CLOUDS Are Moving Rapidly Over The WORLD Economy
Torontojay - (10/3/2023 9:40:47 AM)
 
RE:RE:DARK CLOUDS Are Moving Rapidly Over The WORLD Economy
 
Hi Ztransforms, let's discuss why you think the recession will be worse than the GFC.

- there answer is STARING RIGHT AT YOU

- HIGHER OVERALL and OVERWHELMING INDEBTNESS across a WIDE SPECTRUM of the world economy

- HUGE REDUCTION in world PRODUCTIVITY and CAPACITY WEAKENED by COVID-19 SHUTDOWNS, BROKEN supply chain networks, LARGE LOSS OF LIFE due to COVID-19 and INJURIES ASSOCIATED with the COVID-19 vaccines DRAMATICALLY LOWERING the RESILIENCE of the world economy

- DISRUPTIVE energy flows as a result of the Ukrainian-Russian WAR and the SELF-IMPOSED Russian SANCTIONS causing MASSIVE PRICE SHOCKS that BOOSTED INFLATION that led the world central banks to PURSUE  DESTRUCTIVE HIGH-INTEREST RATE POLICIES

- there are MORE but these are the BIG ONES

z173

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