Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by Obscure1on Dec 13, 2023 6:40pm
295 Views
Post# 35783356

Short term vs Long term

Short term vs Long termMigraine says the EIA news today is bullish.  I will take his word for it.  

In the bigger picture for Suncor, Best Western announced today that it is adding Tesla EV charging stations at select hotels throughout North America beinning in 2024.

I expect that it won't be long until Tesla EV chargers will be offered at all 4,300 Best Western hotels as hotel owners won't want to be left behind.


" This collaboration with Tesla underscores BWH Hotels’ unwavering commitment to sustainability and dedication to delivering exceptional guest experiences." 

Best Western joins Hilton in offering EV charging to guests.  In September, Hilton announced that it would be offering guests Tesla EV chargering at 2,000 of its hotels by early 2024. 

It won't be long until every hotel will have to offer EV charging in order to remain competitive.  Then it will be big box stores and restaurants and and and and. 

Range anxiety was an obvious concern for potential early adopters for EV owners.  That fear is rapidly dissipating as new chargers are added. 

EV's are cheaper to buy, safer to drive, never require oil or brake changes, never have battery  issues so no more "my car won't start" mornings, can be charged at home for pennies while you sleep,  receive updated technology and " fixes" over the air, and are a whole lot of fun. 

For the life of me, I don't understand EV haters. 

<< Previous
Bullboard Posts
Next >>