THE WALL STREET JOURNAL ONLINE
August 17, 2006 5:18 p.m.
Crude-oil futures fell for the fourth straight day, losing nearly $2 a barrel to settle at $70.06 on the New York Mercantile Exchange, their lowest close since June 20. Oil has fallen more than $4 a barrel, or nearly 6%, this week after a cease-fire in the Middle East. Here is Thursday’s roundup of energy-related news:
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IRAQI FUEL SHORTAGE: Before the Iraq war began, U.S. officials hoped the country’s vast oil wealth would help to pay for its reconstruction. Instead, oil production has been disrupted by constant sabotage, corruption and aging refineries; as a result the country is suffering from a severe fuel shortage. Iraqi officials announced plans to double their spending on imported oil products.
•Oil-Spill Help: The United Nations pledged some $64 million to help clean up the Mediterranean oil spill caused when Israel bombed a power station in Lebanon last month.
•Oil-Spill Repercussions: The Mediterranean spill has crippled the ancient port town of Byblos, the BBC reports.
•Oil-Spill Repercussions II: Philippine authorities continued to clean up the worst oil spill in the nation’s history and warned it could damage fisheries and other natural resources.
•Threat of Higher Prices in India: Indian Prime Minister Manmohan Singh suggested the government might raise the prices of subsidized petroleum products such as kerosene and cooking gas.
•Siemens Building Wind-Blade Plant: German manufacturer Siemens announced plans to build a wind-turbine blade factory in Iowa and predicted a tripling of wind-power-blade demand in the U.S. by 2020.
•Pondering Equities: Investors who want exposure to oil but don’t want to suffer the ill effects of market contango — a rare (but recently persistent) situation in which out-month futures are more expensive than the current month — are taking a second look at oil equities, Reuters reports.
•Focus on OMV: If you’re looking for an obscure oil company in which to invest, Austria’s OMV might be the ticket, according to Motley Fool. It reported a 19% gain in quarterly profit.
•Scam Artists: Booming oil and gas prices have attracted scam artists, who lure victims to invest in bogus energy investments, USA Today reports.
•Ethanol-Free in Indiana: A small Indiana town touted by Gov. Mitch Daniels as a model of renewable-energy use is suffering from a severe shortage of renewable energy.
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.
