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.

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Suncor Energy Inc > TMX saga a perfect example of Western Industrial Paralysis

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Comment by mrbbon Dec 16, 2023 4:07pm

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Post# 35788391

RE:RE:RE:TMX saga a perfect example of Western Industrial Paralysis

for example:

The cost of administering the federal carbon tax and rebate scheme has risen to nearly $200 million since its inception in 2019, employing 465 full-time bureaucrats to administer the carbon tax and rebate scheme. This cost is increasing because last year (2022) it cost $82.6 million alone where is $116.5 millions spent from 2019-2021.

carbon tax admin cost from Taxpayer

mrbb wrote: go to 00:30 to see how Milei plan to cut gov't cost.

mrbb wrote:
it's voter apathy that we end up with a dysfunctional gov'ts, similar to argentina, greece, cyprus for example. Yes, we are not as bad shape yet as Canada had a good start because we fought two world war and have more natural resoucres where as former countries don't or have less of it.

Now canadian job growth is in non-productive govt' sector, and importing low skills foreign immigrants for quick short term fix but iit also created new set of problems like housing crises, healthcare crises, rising crimes. Gov'ts justify its existence by creating red tapes, bloated bureaucracy and voter dependency but the charade can't last forever.

Argentinians finally realize they needed someone with a chainsaw to take care of the whole mess. In one way, Argentina, greece, cyprus, sri lanka are better off than canada, they don't have to deal with wokiesm (gender identify and diversity, LBGTQ rights, race and religion division, drag queen twerking at kids at library story hour)

go to 00:30 to see how Milei plan to cut gov't cost.