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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 Apr 06, 2024 3:54pm
120 Views
Post# 35975021

RE:A different perspective - I don't agree with all of this but

RE:A different perspective - I don't agree with all of this butgood on yah little robin, good on yah

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Obscure1 wrote: Why I will never switch from my EV to one of these new gas cars. 1. Range anxiety - I am used to being on 100% every morning. With a gas car, I might not have enough gas to get to work and have to waste time going to recharge it. 2. Big maintenance problem - After 100k-200k miles you have to swap or rebuild the engine. That’s $10-20k on an old car. This is crazy! 3. Risk of fire - Gas cars have ~100x the likelihood of catching fire compared to EVs. You literally have a full tank of explosive liquid right underneath your back seats. No thank you! 4. Underdeveloped charging infrastructure - Every home has a power outlet. Every AirBnb has one too. No matter how remote. With a gas car, you have to go find special charging stations instead of charging while you sleep. Sometimes, the nearest one could be 50 miles away! 5. Environmental impact - Did you know it takes about 10x as much mining and pumping to get the oil needed to fuel a gas car over its lifetime than the materials needed to build an electric battery? Insane! 6. Range issues - Did you know that if you turn on aircon, charge your devices in the car and blast the infotainment system, your gas car range can go down by 20% or more?! 7. Cost - The average gas car costs 20% more than a Tesla. It’s just too expensive for mass adoption. You have to be a real nutcase fan boy to switch to a gas car!


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