Suncor Top Dealmaker as CEO Doubles Down on Oil-Sands Future

Updated on
  • Company using low prices to make some ‘very smart purchases’
  • Push will help lower costs; may raise environmental concerns

Suncor Energy Inc. is making the biggest bet on oil among the world’s largest producers, counting on recent purchases to help push costs lower while betting demand will outweigh supply -- and environmental angst over one of the dirtiest forms of the fossil fuel.

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