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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 and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. The Company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.


TSX:SU - Post by User

Comment by Experiencedon Nov 01, 2023 9:58am
101 Views
Post# 35711068

RE:2 TRILLION

RE:2 TRILLION wreckhouse......Sadly this has been going on for decades.  I can recall even as far back as 50 years ago travelling to Europe and people there often commented on how they had the same standard of living as us even though Canada was so rich in natural resources.  Trudeau with his silly WOKE mentality has taken this theme to unprecedented levels and unspeakable levels of national debt.

When I look at my grandchildren, I am thankful that I can leave a legacy for them and they will be ok financially - many people are not in that position and their successive generations will face a lower standard of living thanks to these policies and a huge national debt

In terms of energy and the oil business, your point wreckhouse is well taken. The whole world is one big ecosystem.  So the current Canadian Government policy on emissions and limits on the oil industry is a bit saying we will keep the foxes from eating rabbits and the wolves say thank you.  The end result is that the foxes (Canadians) starve to death and the wolves (China etc) get fat eating unlimited rabbits.
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