EXTRACT: Last year, President Nestor Kirchner called on Argentines to boycott Shell after it raised local prices amid rising oil costs. Shell quickly nudged pump prices back down after government-aligned protest groups marched on its stations and sales slumped.
THE ARTICLE
The Associated Press: Published: September 28, 2006
BUENOS AIRES, Argentina The Argentine unit of Royal Dutch Shell has been ordered to stop selling a new premium diesel fuel, the latest incident in a dispute with the government over pricing.
Argentina’s Energy Secretariat published a resolution in Wednesday’s official bulletin requiring oil companies to obtain government approval for new products introduced since Sept. 1.
The Internal Commerce Secretariat, which brokers price agreements across the economy, informed Shell on Tuesday that due to the new regulation it had to stop selling its recently launched V-Power Diesel, which costs 10 percent more than regular diesel.
In a statement released Wednesday night, Shell said that “although the new resolution wasn’t in effect at the time of the (new diesel) launch, and its retroactive application is aggravating, Shell has decided to suspend sales until it obtains authorization.”
The new fuel apparently raised the ire of government officials intent on holding down the prices consumers pay at the pump.
Last year, President Nestor Kirchner called on Argentines to boycott Shell after it raised local prices amid rising oil costs. Shell quickly nudged pump prices back down after government-aligned protest groups marched on its stations and sales slumped.
The supply of diesel has become particularly touchy in recent weeks amid reports of shortages.
With domestic diesel refineries working at maximum capacity, the government has tried to persuade oil companies to import additional diesel to meet domestic demand. Oil companies say importing diesel at world prices forces them to sell it at a loss in Argentina.
Some oil companies operating in Argentina have agreed to import additional diesel, though Shell officials have said they have no plans to do so.
BUENOS AIRES, Argentina The Argentine unit of Royal Dutch Shell has been ordered to stop selling a new premium diesel fuel, the latest incident in a dispute with the government over pricing.
Argentina’s Energy Secretariat published a resolution in Wednesday’s official bulletin requiring oil companies to obtain government approval for new products introduced since Sept. 1.
The Internal Commerce Secretariat, which brokers price agreements across the economy, informed Shell on Tuesday that due to the new regulation it had to stop selling its recently launched V-Power Diesel, which costs 10 percent more than regular diesel.
In a statement released Wednesday night, Shell said that “although the new resolution wasn’t in effect at the time of the (new diesel) launch, and its retroactive application is aggravating, Shell has decided to suspend sales until it obtains authorization.”
The new fuel apparently raised the ire of government officials intent on holding down the prices consumers pay at the pump.
Last year, President Nestor Kirchner called on Argentines to boycott Shell after it raised local prices amid rising oil costs. Shell quickly nudged pump prices back down after government-aligned protest groups marched on its stations and sales slumped.
The supply of diesel has become particularly touchy in recent weeks amid reports of shortages.
With domestic diesel refineries working at maximum capacity, the government has tried to persuade oil companies to import additional diesel to meet domestic demand. Oil companies say importing diesel at world prices forces them to sell it at a loss in Argentina.
Some oil companies operating in Argentina have agreed to import additional diesel, though Shell officials have said they have no plans to do so.
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.
