Hmmm ...
Perpetual trouble in the Gulf; Chavez causing grief in S.A.; and now Pemex delivering less. Oh dear. They are not going to like this in the USA. Talk about renegotiating NAFTA. Well, they are not paying $5 a gallon in the USA yet - we are. And folks, the price of gas in Edmonton is just as high as it is in Toronto.
All I can say is buy Suncor. I have held it for 10 years and am a very happy camper. And, for those who diligent apply P/E and PEG to large cap stocks (probably not this board), SU has always been "expensive" ... and always does well. I have been expecting a split for some time now - long overdue.