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Bullboard - Stock Discussion Forum 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 and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks... see more

TSX:SU - Post Discussion

Suncor Energy Inc > The new smoking
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Post by Oldnagger on Oct 30, 2021 8:15am

The new smoking

Many posters here compare Petroleum production to smoking. Even OAC in her latest witch hunt is accusing major producers as being in the same league as Big Tobacco.
Well neither the USA nor Canada have ever banned Tobacco. They have taxed it more and they have ostracised it but they did not ban it
So here are a few suggestions for oor new environment minister
Require all service stations to hide behind a high rusted iron fence so that they may never entice gullible children to wonder what is happening or even to know that petroleum exists
Force each pump to contain labelling stating that fuel consumption is hazardous to your health
Follow that up with a picture of some ugly person sweating from high temperatures or better still of emaciated Polar Bears.
Ban all advertising stating that petroleum may in any way be a useful product
Get activists to go from home to home ripping up natural gas pipe lines, but before you do you better warn them not to smoke !!
Comment by rad10 on Oct 30, 2021 10:12am
And how would you have fared in big tobacco stocks since the 90s.....  MO/BTI etc. answer is very very well!  Balance sheets restored, great dividends reinstated.  Obviously tobacco is less cyclical, but it's also not sexy - and therefore attractive
Comment by Oldnagger on Oct 30, 2021 10:43am
Yes indeed, but before bragging about your Petroleum profits at your next soiree be sure to check that there aren't any Teslas plugged in on the front lawn !!
Comment by jx7000 on Oct 30, 2021 11:28am
If there are, then check to see if there're any diesel generators running (providing the electricity of course). Michael Moore's video Planet of the Humans illustrated this very well ;-)
Comment by Oldnagger on Oct 30, 2021 3:56pm
Thanks for the link. Anyone who has not watched this film is wasting everyone's time !!
Comment by jx7000 on Oct 30, 2021 4:33pm
That video is quite long at 100 minutes. If you want to see the ironic part, jump to the 31:10 mark where he talks about the solar farm, LoL.