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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 May 09, 2024 9:13pm
110 Views
Post# 36032630

RE:RE:I knew this would happen , EV buyer start get milked

RE:RE:I knew this would happen , EV buyer start get milked the free ride enjoyed by EV owners is near ending as gov't and business start recognizing cost and liability of these battery powered nuisance.  People who bought EV based on short term benefit is now seeing the longer term cost.  Even with regulation and gov't rebate all favoring EV, adoption rate is slowing.  China is banking on EV as their way out compete the west will backfire. From ghost cities fiasco soon to the next one, EV graveyards. 


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