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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 Experiencedon Jun 08, 2024 1:25pm
143 Views
Post# 36079329

RE:RE:Some Thoughts - Part 2

RE:RE:Some Thoughts - Part 2Marty...yep

Besides the math another consideration in my decision to move back down in the waiting list is to see if Toyota can deliver on their plans for a solid state battery.  Must admit that I am not 100% confident that they can deliver in the announced timeframe but if they do it is my opinion that such a battery will address many of the current concerns about range and charging speeds.  That said, much will still depend on the price and the associated math.

Lots of people are talking about hybrids these days but I am not convinced that this will be a long term solution.  A close friend bought a hybrid a number of months ago.  Him and his wife joined us in Spain for a few days.  We got talking about the fuel economy I was getting with my diesel Mercedes rental and I asked what his experience was with the hybrid and he said that it was a saving him a bit in city driving but not a lot and on the highway of course since the hydrid part doesn't help and is in fact just extra weight to carry so he thought he got less fuel economy on the highway.
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