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REVEALED: Suncor - The Real Truth

Amicus Brief in Suncor Energy on the Foreign Commerce Clause and Climate Change Lawsuits

As I noted in a separate post, the legal advocacy group Neutral Principles engaged Erik Jaffe and me to draft… The post Amicus Brief in Suncor Energy on the Foreign Commerce Clause and Climate Change Lawsuits appeared first on Reason.com.

Reason

The US Constitution and laws do not protect oil companies from being sued over the harm they cause to the climate

In recent years, at least two dozen local and state governments have sued petroleum companies to recover the billions in costs they have incurred responding to and rebuilding after flooding, storms and wildfires – all of which have been worsened by changes to the climate resulting from burning fossil fuels.

The Conversation

Watchdog groups urge Senate to investigate Samuel Alito over oil stock conflicts

Groups say supreme court justice, who owns stock in oil companies, may be violating ethics codes by participating in certain cases

The Guardian - US

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Climate Change Goes Back to the Supreme Court -- Colorado Edition

The Supreme Court granted certiorari in Suncor Energy v. County Commissioners of Boulder County

Reason

US supreme court takes up fossil fuel firms’ climate accountability case

Judgment in city of Boulder’s lawsuit against Suncor Energy USA and ExxonMobil could affect wave of climate litigation

The Guardian - US

4 Canadian Oil Stocks That Are Filling the Heavy Crude Gap

Discover four Canadian oil stocks benefiting from a tight heavy-crude market. Learn why CNQ, ENB, IMO, and SU may offer strong upside for investors

MarketBeat

Traders Are Piling Into Suncor Call Options—Should You?

A 2,998% surge in SU call options signals major confidence. With rising EPS and limited tariff risk, Suncor stock could be primed for a breakout.

MarketBeat

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High Put Option Volume Reveals Conviction in These 3 Stocks

When investors see large put option volumes, they mistakenly see the activity as potentially bearish. However, that's not the case with these three stocks.

MarketBeat

3 Under-the-Radar Oil Stocks to Keep Your Eye On

Some energy stocks could benefit from a second Trump administration; keep an eye on these under-the-radar firms poised to rise with the broader industry.

MarketBeat

Running in America’s worst air: ‘Like binging on a carton of cigarettes’

For a writer and runner in Denver, Colorado, the city’s severe air pollution creates a daily dilemma: do something you love, or risk your health?

The Guardian - US

3 Top Energy Stocks to Buy on Rising Oil Prices

With crude futures closing last week at a new year-to-date high, here's a spotlight on three high-quality stocks from the energy sector that are poised to benefit from higher commodity prices.

Barchart

Why is Suncor Energy (SU) Moving Higher? Just Ask the Giants.

While Suncor Energy has swung higher on compelling fundamental catalysts, it’s the institutional activity that warrants a closer look at SU stock.

Barchart

Somebody Really Must Like Suncor Given Its Unusual Options Activity

A multi-leg trade on Wednesday for Suncor calls suggests somebody thinks oil prices might continue moving higher. The question is whether Suncor is the right energy play here.

Barchart

US supreme court denies oil companies’ bid to move venue of climate lawsuits

Justices turn away appeals of lower court decisions that determined lawsuits belong in state, not federal, court

The Guardian - US

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The Guardian - US

‘They’re destroying us’: Indigenous communities fear toxic leaks from Canada oil industry

Recent leaks from oil sands tailings ponds have contaminated water, sowing mistrust among local First Nations people

Salon

Biden urges SCOTUS on climate suits

Big Oil has long counted on corporate-friendly federal courts to get rid of climate suits

The Guardian - US

Biden administration sides with climate lawsuit against fossil fuel companies

DoJ brief argues that Colorado case against energy giants ExxonMobil and Suncor should be heard in state court instead of federal

The Conversation

Despite soaring profits, oil companies are not paying enough for their environmental damage

At the end of the third quarter reporting season in October, the Big Four oilsands producers continued to report record profit levels. Collectively, Cenovus, CNRL, Imperial Oil and Suncor earned $5.8 billion in the third quarter and $23.1 billion in the first nine months of 2022. The average return on…

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Benzinga

Suncor (SU) Alters Board, Reviews Station Sale Post Elliot Deal

Suncor Energy (NYSE: SU) recently declared that it has entered into an agreement with the activist investment firm — Elliott Investment Management — according to which SU's board of directors will appoint three new independent directors, two of whom will serve on the CEO search committee.

Benzinga

ConocoPhillips (COP) Wins Approval To Develop Tommeliten Field

ConocoPhillips (NYSE: COP) received approval from the U.K. and Norway authorities for the development and operation of the Tommeliten A field in the North Sea.

Benzinga

RBC Capital Bumps Up Suncor Energy Price Target By 12%

RBC Capital analyst Greg Pardy raised the price target for Suncor Energy Inc. (TSX:SU) (NYSE:SU) to C$47 from C$42 while maintaining the Sector Perform rating on the shares. The analyst states that Suncor’s Q1 results were solid while its conference call was uneventful. Pardy mentions that Suncor’s operating performance path will determine its relative market…

The Guardian - US

US fracking boom could tip world to edge of climate disaster

140bn metric tons of planet-heating gases could be unleashed if fossil fuel extraction plans get green light, analysis shows

Tribune News Service

Some cities, states say Big Oil should pay for climate damage

In the waning days of 2021, a grass fire broke out in Boulder County, Colorado. Fueled by extreme drought and high winds, the fire swept through the communities of Superior and Louisville. Within hours, it had destroyed more than a thousand structures — making the Marshall fire the most destructive…

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