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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 > Can't wait for the ultimate kick in the teeth
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Post by Chad123 on Mar 07, 2022 11:24am

Can't wait for the ultimate kick in the teeth

Looks like the US may ban Russia Oil on it's own. Maybe EU will follow but maybe not.
Furthermore I would not be surprised to see the US make a deal and subsidize it's frackers.
This will be the only way to lower prices at the pump later on along with whatever barrels they can get from Iran, Venezuela and Canada.
This will be the ultimate kick in the teeth to Kerry, AOC, Greta and Canada (Being nice here).
Still going to keep oil prices high but the climate freaks will be hysteric and you might see people like our environment minister falling off the CN tower. HA ha ha ha.
Comment by liljohnnyjoke on Mar 07, 2022 1:15pm
wasn't the US exporting +1M/bbls a day of oil during the Trump era? there is still a glut of oil out there, prices have shot up due to the fear of supply disruption, no disruption yet OPEC still holding back on supply increases, Venezuala and Iran basically offline to the west, Libya and others like Nigeria could do more Europe wont sanction Russian O&G and put themselves into recession ...more  
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