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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 11, 2024 9:51am
174 Views
Post# 36306392

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

RE:RE:RE:RE:Some Trump Scenarios - Implications For OilAs a postscript to my previous post...I spoke to my General friend and few other people I know regarding what the former Supreme Commander had to say about Iran since they are closer to the political calculus than him.

In summary they were of the view (informed) that a US unprovoked attack on Iran is highly unlikely.  Trump will reimpose the sanctions as a first step and ensure that Israel is safe from any Iranian (or proxy) attack.  If the Iranians to attack US military installations then he would send a strong message ie selective but devastating attack on a military target or nuclear facilties in Iran and possibly, with Israeli help, target the leadership of Iran.

Their bottom line is that..

1...it would be more than two months before Trump could do anything (ie Jan 21 - the day after he becomes President)

2...He will be measured unless provoked and oil is lower down on the list of targets

Up to you what you do with this info....
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