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Bullboard - Stock Discussion Forum
Suncor Energy Inc
T.SU
Alternate Symbol(s):
SU
Energy
Oil & Gas Integrated
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.
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TSX:SU - Post Discussion
Suncor Energy Inc
> Another method for the use of the SPR
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(2)
•••
ultravires88
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Post by
ultravires88
on Jul 27, 2022 8:23pm
Another method for the use of the SPR
https://www.theatlantic.com/science/archive/2022/07/biden-gas-prices-strategic-petroleum-reserve/670962/
(24)
•••
Konaboy
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Comment by
Konaboy
on Jul 28, 2022 6:59am
Bigger government, more interference, this would be a step too far for the US. "Yet Biden doesn’t want to burn more fossil fuels" Folks don't seem to be catching on that Biden is all about asking the rest of the world to produce, he just doesn't want it happening at home. NIMBY. This way he can stand on the stage and claim the US is a whole bunch of things that it is not
...more
(427)
•••
Experienced
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Comment by
Experienced
on Jul 28, 2022 8:52am
The botton line in all this is really quite simple. This "proposal" would further politize the oil the market where you have beaurocrats affecting the oil price based on politics as opposed to market forces. History has shown time and again if such things are left to political decisions, things get screwed up and I very much doubt that this time will be an exception. If anything,
...more
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