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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 > Interesting Graph Regarding Gasoline Consumption
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Comment by vr6locoon Jan 01, 2024 1:52pm
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Post# 35806144

RE:RE:RE:RE:RE:RE:RE:RE:Interesting Graph Regarding Gasoline Consumption

RE:RE:RE:RE:RE:RE:RE:RE:Interesting Graph Regarding Gasoline ConsumptionExperienced, you mentioned the last five years of demand has been essentially flat. True, but even in that article it projects demand to increase to 110 million by 2045. Depending on the variables, this may be very conservative. 
As I mentioned before, there is still a huge population of the world without toilets today, as these same populations will eventually prosper and use some of the energy mix, including oil.
I believe you're right, more electrification will take place, but perhaps not as fast as you might think for the same reasons others have posted here.
Also, it took a long time before they gave up delivery of milk by horse. 

https://www.theglobeandmail.com/news/toronto/when-the-milkman-still-rode-down-torontos-streets/article16073542/
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