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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 > Short term vs Long term
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Comment by newtonboyon Dec 14, 2023 12:09pm
104 Views
Post# 35784668

RE:RE:RE:RE:RE:Short term vs Long term

RE:RE:RE:RE:RE:Short term vs Long term

Not only are EV's heavier but due to the various earth elements required to build them, procurement of such elements require the use of heavy equipment, which burn fossil fuel, and lots of it. When the entire manufacturing of EV's and all of thir components can be sustained with renewable energy, the EV/iCE playing field will be level. I for one do not see this happening-ever. In the meantime the Global GanGreeners will continue their mission.

https://www.cnn.com/2021/06/07/business/electric-vehicles-weight

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