Sunoco 2009 Annual Report Download - page 66

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with other potentially responsible parties, the availability of insurance coverage, the nature and extent of future
environmental laws and regulations, inflation rates, terms of consent agreements or remediation permits with
regulatory agencies and the determination of Sunoco’s liability at the sites, if any, in light of the number,
participation level and financial viability of the other parties.
New Accounting Pronouncements
For a discussion of recently issued accounting pronouncements requiring adoption subsequent to
December 31, 2009, see Note 1 to the Consolidated Financial Statements (Item 8).
Forward-Looking Statements
Some of the information included in this report contains “forward-looking statements” (as defined in
Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). These
forward-looking statements discuss estimates, goals, intentions and expectations as to future trends, plans, events,
results of operations or financial condition, or state other information relating to the Company, based on current
beliefs of management as well as assumptions made by, and information currently available to, Sunoco. Forward-
looking statements generally will be accompanied by words such as “anticipate,” “believe,” “budget,” “could,”
“estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “possible,” “potential,” “predict,” “project,”
“scheduled,” “should,” or other similar words, phrases or expressions that convey the uncertainty of future events
or outcomes. Although management believes these forward-looking statements are reasonable, they are based
upon a number of assumptions concerning future conditions, any or all of which may ultimately prove to be
inaccurate. Forward-looking statements involve a number of risks and uncertainties that could cause actual
results to differ materially from those discussed in this report. In addition, statements in this report concerning
future dividend declarations are subject to approval by the Company’s Board of Directors and will be based upon
circumstances then existing. Such risks and uncertainties include, without limitation:
• General economic, financial and business conditions which could affect Sunoco’s financial condition
and results of operations;
• Changes in refining, marketing and chemical margins;
• Changes in coal and coke prices;
• Variation in crude oil and petroleum-based commodity prices and availability of crude oil and
feedstock supply or transportation;
• Effects of transportation disruptions;
• Changes in the price differentials between light-sweet and heavy-sour crude oils;
• Changes in the marketplace which may affect supply and demand for Sunoco’s products;
• Changes in competition and competitive practices, including the impact of foreign imports;
• Effects of weather conditions and natural disasters on the Company’s operating facilities and on
product supply and demand;
• Age of, and changes in the reliability, efficiency and capacity of, the Company’s operating facilities or
those of third parties;
• Changes in the expected operating levels of Company assets;
• Changes in the level of capital expenditures or operating expenses;
• Effects of adverse events relating to the operation of the Company’s facilities and to the transportation
and storage of hazardous materials (including equipment malfunction, explosions, fires, spills, and the
effects of severe weather conditions);
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