Crude-oil futures fell to $54 Monday after Saudi Arabia’s ambassador to the U.S. implied prices aren’t too low for the oil-producing kingdom, fueling speculation OPEC won’t attempt extra production cuts to buoy prices.
Here is Monday’s roundup of oil and energy news:
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SAUDIS TO PARE OUTPUT AGAIN: Saudi Arabia is cutting oil output by an additional 158,000 barrels a day, part of a broader campaign by OPEC to shrink inventories and shore up prices. After the cuts take effect Feb .1, Saudi production will have declined by about a million barrels a day since last summer, a senior Saudi oil official said.
GLOBAL-WARMING CONFAB BEGINS: Scientists from around the world gathered in Paris to finalize a long-awaited, authoritative report on climate change, expected to give a grim warning of rising temperatures and sea levels world-wide. The Intergovernmental Panel on Climate Change is to unveil its latest assessment of the environmental threat posed by global warming on Friday.
•Sugar-Coating Global Warming: But the panel’s report may be the sugarcoated version of what’s really going on, scientists warn, according to an Associated Press report.
•Glaciers Melting Quickly: And the world’s glaciers are melting at an “unprecedented” rate, according to the World Glacier Monitoring Service in Zurich, Switzerland, the Financial Times reports on its Web site.
•BP Considered Limiting Texas-City Report: BP officials considered leaving some facts out of their internal report on the deadly Texas City refinery explosion, the Financial Times reports.
•Exxon Drills in Back Yard: Exxon Mobil is plunging into a gas field practically on its doorstep. Exxon owns 80% of a venture at the Barnett Shale gas field, the fastest-growing field in the U.S. The venture is ready to step up the pace of production.
•Iran Near Repsol/Shell Deal: Iran announced is close to striking a $10 billion deal with Repsol and Royal Dutch Shell to produce liquefied natural gas in Iran, the FT reports.
•Tyson Suffers Ethanol Effect: Tyson Foods warned that if corn continues to be diverted from animal feed into fuel production, consumers are likely to pay “significantly” more for food at supermarkets and restaurants.
•Leaked Oil May Have Reached France: Disks of hardened oil have been washing up on beaches in northwestern France, and tests will determine if they came from a cargo ship across the English Channel that leaked oil after it was damaged in a storm.
•Silicon Valley in Energy-Policy Fight: Silicon Valley’s technology barons have found a new cause, alternative energy, and are lobbying for it on Capitol Hill, the New York Times reports. Green-tech industries have helped fuel a Silicon Valley rebound.
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.
