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Compiling comments that experts make about stocks while on public TV.

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2013-01-22

Opinion for Suncor Energy Inc (SU-T)

Signal Price Bias Subject Owned
COMMENT $34.160 BULLISH NORTH AMERICAN - LARGE No

If Keystone is approved, what effect could this have on this company? Would be positive for a lot of companies. There is a story around that capacity of the shipments to the refineries in the gulf are short by 1 million barrels a day. If heavy crude comes down from Canada, there is an opportunity to replace some of the Mexican and Venezuelan heavy oil. There is potential demand for 3-3.5 million barrels a day. There is also some demand coming for shipping oil from the West to the East, which will play well for this company. If he were going back into the oil sands, he would have a very hard look at this one.

Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management http://www.globe-invest.com

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