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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 > Just In..
View:
Post by Experienced on Jul 15, 2024 9:05pm

Just In..

Musk is donating 45 million a month to a Trump backed Superpac - total would be 180 million.  Not chicken sheet in my books!!!

This follows Bill Ackman's announcement yesterday.

We all know from the past that in the US money talks in politics and big money is now going to Trump.

What's interesting in the Musk announcemenrt is whether this will impact Trump regarding EV legislation/regulation which obviously impacts oil demand in the US.  Guess we will have to see how that one plays out.  Yet another thing to keep on the radar.
Comment by Experienced on Jul 16, 2024 4:19am
Well it looks like bandwagon is continuing.... Paul Singer the Founder of Elliott Investment Management (you all know who they are!!) who had been a Trump critic has had a change of heart.  Apparently, he has been having discussions with Trump about making a donation to the Trump campaign. Will this impact SU directly is anybody's guess but it could.  In any event it seems like the ...more  
Comment by mrbb on Jul 16, 2024 1:35pm
did i poke and woke you up, like i had with your ioniq 5 preorder? i know many see all this as just political tussle.  Who's the next president would dictate how the economy and stock market go forward. Maybe pragmatic experienced can find out from his connection about the future outlook.  I made this post for the exact reason, not by random chance or random thought.  Since i ...more  
Comment by mrbb on Jul 16, 2024 1:20pm
am not hater of elon but lets turn the table around just for run look like someone is desperate to buttering up someone
Comment by Marty47 on Jul 16, 2024 11:01pm
Ya he announce this after the shooting ... Elon a smart man .... he knows who will be in the White House and I'm sure he better be on his side .  Be ready for some climate change policies to be modify , anyway for sure oil won't be the bogey man in USA anymore , oil will be cheaper but we will pump more and profits will be good at 75$ wti with lower regulations and taxes .  ...more  
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