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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 production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks... see more

TSX:SU - Post Discussion

Suncor Energy Inc > LOL... You going to Blame Russia for cutting off Gas supply
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Post by RagingBull3 on Feb 26, 2022 3:38pm

LOL... You going to Blame Russia for cutting off Gas supply

if they are outed from SWIFT????   What you expect Russia to keep given gas to hostile countries for Free????    Who do you think they are, Canadians????    Canadians sell their oil for Negative Prices to the USA.      Somehow, I don't think Russia that stupid.

All just my opinion/view/thinking
Comment by Experienced on Feb 26, 2022 4:32pm
If I was Putin and Russia got kicked out of SWIFT and knowing I have about 650 billion in gold from getting a high price for my oil over the past year or so, I would suddenly "discover" that one of my natural gas pipelines to Europe has a leak and I need to shut it down pending an investigation.  Better yet I would close one of the pipelines going through the Ukraine and blame the ...more  
Comment by mrbb on Feb 26, 2022 4:45pm
putin doesn't need to go there.  US can't even stop buying oil from russia. Americans are too soft now, too high of gas price will hurt the democrat even more in the coming mid election
Comment by mrbb on Feb 26, 2022 4:48pm
Biden ripped for buying Russian oil: 'We are being conned,' billionaire oil and supermarket CEO says | Fox Business
Comment by autofocus111 on Feb 27, 2022 11:36am
Ex Actually. only about one-quarter of Russia's reserves are held in gold. The rest in is foreign currencies, EUR, USD, and CNY, and USD. Russia is a top 3 producer of gold and also top 3 in  resource base. The two largest Russian gold miners are Polyus and Polymetal. I suppose the government could nationalize these miners to create new gold reserves as needed. >>>Gold and ...more  
Comment by autofocus111 on Feb 27, 2022 2:51pm
Further to the matter of Russia's 'cash' reserves, the West is seeking to freeze their foreign fiat assets. I believe Russia's gold is held inside the country. Internal production of gold (in event of seizure by its government) ensures a steady supply of 'free cash' for Russia to buy goods from non-western aligned nations. >>>The EU is planning to freeze the ...more  
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