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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 > Not what the EV crowd wants to hear
View:
Post by meritmat on Oct 26, 2023 8:48pm

Not what the EV crowd wants to hear

https://ca.news.yahoo.com/auto-execs-coming-clean-evs-164359606.html


Think the old ice vehicles will be around a bit longer

Comment by Experienced on Oct 26, 2023 10:48pm
Meritmat...yes perhaps My consistent thesis in my posts is that we are investors and need to look at things from that perspective answering the question -"Where going forward from today is the best place to put my money" For me the direction arrow is very clear - in 2020 in the US EVs were 2% of new car sales and in 2023 they are 7.9%.  So yes these are low numbers and yes perhaps ...more  
Comment by integrity11 on Oct 27, 2023 3:39am
Battery boy in his fantasy world again. The champion of BS.
Comment by mrbb on Oct 27, 2023 4:13am
what a lousy salmon analogy. The salmon going up the fraser either way ends up the same destination to die anyway. This is about investing and maximizing the end result, not about the journey or the meaning of life, with the same result. .   
Comment by mrbb on Oct 26, 2023 10:54pm
i blame squarely on the gov'ts distorting the free market that seeks the best blend of ICE vs EV during the transition.  Gov'ts are picking winners and losers using taxpayer's money and we all know gov'ts have the worst record of choosing winners. Toyota was right all along. Now ford is focusing on hybrid trucks because consumers are learning the Ford  Lightning is not a ...more