THE WALL STREET JOURNAL ONLINE
July 7, 2006 8:05 p.m.
Crude-oil futures closed lower Friday, weighed down by an unexpected rise in gasoline supplies last week. But the front-month contract touched a record intraday level on the New York Mercantile Exchange during the session, at $75.55 a barrel, and scored a slight gain for the week. Strong U.S. petroleum demand, a fall in inventories and North Korea’s missile tests were among traders’ biggest concerns. Here’s Friday’s roundup of oil-related news:
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POSITIONING FOR THE FUTURE: Several oil titans are planning to purchase large stakes in Russia’s Rosneft as part of its public offering of stock, BBC news reports. The state-owned oil firm is expected to raise about $11 billion by selling shares in London and Moscow. “The Oil and National Gas Corporation of India said it was mulling over a $3 billion investment while BP PLC and China’s CNPC are also reportedly interested, BBC writes.” China and India are eager to grab reserves to support their booming economic expansion.
• Irony in Iraq: One of the world’s leading oil producers, Iraq, suffers the misfortune of having to import petroleum products and has a burgeoning black market for gasoline, writes Voice of America’s Margaret Besheer. Her article points out the frustration facing Iraqi’s who need gas for their tanks and fuel to cook food and to run generators.
• Clogged: Prolonged underinvestment in oil capacity is having an outsized relationship on prices of crude and its byproducts, says Oxford Analytica, an independent strategic-consulting firm, on Forbes.com.
• Hostages: A Dutch oil worker was kidnapped in the southern delta of Nigeria, the Associated Press reports. It was the second abduction in less than 24 hours in the chaotic region where gunmen have destabilized oil production.
• Not So Green: Revisiting an old idea, Wired Blogs’ Autopia column points out how liquefied coal could provide an abundant supply of home-spun automobile fuel, and sites a New York Times article that claims the “coal in the ground in Illinois alone has more energy than all the oil in Saudi Arabia.”
• Expensive Extraction: High costs and a tight labor market are endangering the expansion of one of Canada’s largest oil-sands projects, The Australian reports.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
