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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 > Has anyone figured out how to pay for the roads once we..
View:
Post by pooltec on Dec 01, 2022 10:56am

Has anyone figured out how to pay for the roads once we..

..have bought our EV cars?  Me thinks govs will wouild want to slow the process to keep the gas tax revenue stream flowing.
Comment by UNKLAL on Dec 01, 2022 11:30am
What you don't understand how income tax works??? BTW the tax on hydro electricity is just as brutal as the tax on oil n gas!!! Pay attention there will be a test later. jmo UNKLAL
Comment by pooltec on Dec 01, 2022 12:38pm
DO YOU UNDERSTAND FELLA THAT THE TAX RATES ARE NOT THE SAME. YOUR STATEMENT ASSUMES THE TOTAL TAX ON GAS IS EQUAL TO THE TOTAL TAX ON ELECTRICITY.  GOOGLE IT AND LET ME KNOW.
Comment by pooltec on Dec 01, 2022 1:55pm
I will clarify my original question. An f150 gas fills up and drives 900km. How much tax was paid on the 140litres of gas they put in the tank.  An F150 lightening is charged up and lets pretend they can drive 900km on that charge. How much tax did they pay on that 40 minute charge?
Comment by Experienced on Dec 01, 2022 2:59pm
Great questions!! In today's world it is probably difficult to get a precise answer with HST and carbon taxes cause it would depend on the source that produced the electricity.  That said, the implication of your question is that the tax to fill up you F150 is more than the tax(s) on electricity to pay for an EV charge to drive a similar difference distance.  That is a view that I ...more  
Comment by mrbb on Dec 03, 2022 4:41am
sorry to say, Alberta Sovereignt Act could be triggered to shield Alberta from higher carbon tax and other nasties from Ottawa. I'm sure other provinces like Sask, Man. would happy to join in the effort to resist ottawa money and power grab. Quebec actually said they like what's Alberta is doing with the sovereignty act.  Your whole post can be shortened to 3 words: 'time will ...more  
Comment by UNKLAL on Dec 01, 2022 4:58pm
Let me clarify. The oil n gas business isn't going away in my lifetime, thats why my boots are full of SU. I was however, suggesting if gov'ts. need money for anything, they are going to tax our a sses any which way they choose!!! Again it's jmo UNKLAL
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