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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

Post by Experiencedon Nov 05, 2024 7:21pm
231 Views
Post# 36297918

US Election - A perspective

US Election - A perspective

On a deeply personal level.....

As I have talked about before - my interest in the US election is about what do I do as an investor.  I must admit that that is not entirely true because, while at my age and financial situation, it really doesn't matter (I will be ok personally no matter what), but as a Grandfather, looking at my Grandkids it does matter a lot....maybe for not my own since they will inherit my wealth but for others  {most of my wealth is going through trust funds to future generations} - not so much).  The reason I post about this is that I think it will might matter to a lot of other people.

Soooo..where goes...

1..in the short run, a Trump victory may not be a good thing for Canada...why?...because his "America First? agenda and threats to re-write the Trade Agreement that he signed with with Canada (and Mexico) are up to negotiation. And....if he follows through on mass departions then under current  Canadian Law this will be bad for Canada

2...Offsetting Point 1 is the fact that 8 years of Harris/Democratic Power will destroy the US and investors will suffer over the longer run of this

Soooo..we will see how America decides but IMHO, a Harris victory with a curious combination of Fascism and Marxism will for my Grandkids be a bad thing.  Why?..because both of these systems historically have been failures
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