Crude-oil futures edged below $61 a barrel in light electronic trading on the New York Mercantile Exchange.
Here is Tuesday’s roundup of oil and energy news:
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ONE SURGE COULD FOLLOW ANOTHER: A U.S. “troop surge” in Iraq could trigger a surge in oil prices, too, warns Bank of America chief market strategist of global wealth & investment management Joseph Quinlan, according to a Washington Wire report. Mr. Quinlan figures a troop surge could “push oil prices closer to $70 a barrel, in the near-term, knocking the wind out of the financial markets and global economy.” Then again, oil touched nearly $80 a barrel last year without having much apparent impact on financial markets or the economy.
•Pinault Keeps Options Open: French investment-holding company Artemis, controlled by billionaire Francois Pinault, said it is keeping all its options open over a possible bid for Suez. The water-and-energy conglomerate is having trouble sealing its own $60.5 billion deal with another French company. It immediately demanded that Mr. Pinault be clearer about his intentions, the Financial Times reports (subscription required).
•Chicken Fat as Fuel Source: Only a tiny fraction of U.S. biodiesel is made from chicken fat, but that seems likely to change, the Associated Press reports. The rising cost of soy-bean oil — which accounts for roughly 90% of all biodiesel fuel stock — is pushing the industry to exploit cheap and plentiful animal fats.
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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.

























































