THE WALL STREET JOURNAL ONLINE
July 24, 2006 8:03 p.m.
Oil futures topped $75 a barrel Monday, partly on the back of a gasoline rally triggered by refinery snags. Those ranged from an outage at a ConocoPhillips refinery in Illinois to a production problem at Venezuela’s largest refinery, heightening worries about supplies during the peak-demand summer driving season. The White House’s continued opposition to an immediate cease-fire in the nearly two-week-old Israel-Hezbollah conflict added to the bullish sentiment, traders said. Here is Monday’s roundup of energy-related news:
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SORE SUPPLY: A U.S. senator says Bush hasn’t prepared adequately for a possible Venezuelan oil-sale cutoff that would mean a further run-up in crude-oil prices and hurt the U.S. economy, the Associated Press reports. In a letter sent last week to U.S. Secretary of State Condoleezza Rice, Republican Sen. Richard Lugar said the South American country’s “direct supply lines and refining capacity in the United States give Venezuela undue ability to impact U.S. security and our economy.”
•Korean Oil Sands: South Korea is getting into the Canadian oil sands game with a $270 million acquisition of an early-stage project, Reuters reported. Korea National Oil Corp. signed a deal to buy the BlackGold lease in Alberta from major gold producer Newmont Mining Corp. The lease has estimated recoverable reserves of 250 million barrels.
•Oil All Over: In a column on Forbes.com, Leonardo Maugeri says that the world isn’t short on oil, far from it. But “high oil prices are needed to find it.” Mr. Maugeri says that for two decades low oil prices have discouraged exploration.
•Pump Pain: The average price of regular gasoline has reached $3 a barrel and is approaching levels seen just after Hurricane Katrina, Fox News reports.
•Superspike: Bloomberg News’s Stephen Voss points out the growing number of analysts and experts who say $100 a barrel is coming soon.
•On the Floor: In a debate with billions at stake, the Senate is to determine in the next few days whether to allow oil and gas drilling in areas off the coast of Florida, the San Francisco Chronicle 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.

























































