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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 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

Comment by mrbbon Jan 01, 2024 3:34pm
123 Views
Post# 35806216

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:Interesting Graph Regarding Gasoline Consumptionlast check, i still see people around the world employing ancient techniques of burning wood, hay, cow dung, coal for heat and cooking. Walking is still very popular these days around the world. I doubt EV and li ion battery would displaces these practices in my life time.  Given gasoline is still far superior to lithium battery in term of energy density by weight and by volume, i think fossil fuel, even burning wood and coal, will still be around for a long while, 

Funny that batman disses oil but not NG, which he owns TOU, also a fossil fuel. He think recycling clothings will drive oil demand down when in current days, synthetic materials are mostly made from NG, not oil. He should correct himself on this oxymoron.  Media plays safe with wording by saying they are made from petroleum to cover their ignorance or not researching into more detail. However, the word 'petroleum' usually conjure up 'oil' instead of NG for the common folks like batman in this case. .    
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