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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 > LOL at EV demand
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Comment by Experiencedon Apr 05, 2024 6:24am
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Post# 35972048

RE:RE:RE:LOL at EV demand

RE:RE:RE:LOL at EV demandmeritmat...

Meanwhile back at the ranch, Toyota is planning a staged introduction/development of a solid state electric battery.  This technological development with 8 minutes charging and a range of 1200km would change a lot of things.  Kinda reminds me of the moving from bulbs to transistors to solid state to microchips.  Anybody that is investing that wants to fight a shift now in car technology will suffer the same fate that those long ago who were adamant that these previous technologies had too many problems and wouldn't happen.

To me the key message in the article, and one that I have said repeatedly here, is for Governments to  let the market sort things out as opposed to dictating artifical deadlines.
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