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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 Nov 09, 2024 10:14am
168 Views
Post# 36304595

RE:RE:RE:Some Trump Scenarios - Implications For Oil

RE:RE:RE:Some Trump Scenarios - Implications For OilLupus.....

One cable networkshow  I watch is Smerconish on CNN on Saturday mornings.  Why? Mainly because unlike most of what you see on any cable network he is essentially neutral and more importantly he interviews people who (IMO) actually know something as opposed to network staff pundits who you know what they going to say before they say itand more often than are actually not well informed and have an editorial line to follow.

Today he interviewed the former Supreme Commander of NATO and a Trump supporter about what will happen in Ukraine and the Middle East.

In regards to Ukraine he basically supported 100% of what I posted here earlier.  Significantly, and important here, he had a different perspective regarding the Middle East.  As opposed to dealing with the situation through economics (santions) and diplomacy as I suggested in my post, he suggested that the US would take military action against Iran under Trump.  If he is right about this then there could well be a pop in oil prices which could be taken advantage of.

We will see once Trump gets into the White House which he decides go on this.
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