MONTREAL (CP) — Canada must nationalize its oil and gas industry to help lower the cost at the pumps by one-third, says a Quebec university accounting professor.
Leo-Paul Lauzon analyzed annual reports of major oil companies such as Exxon Mobil, Royal Dutch Shell, BP Amoco, Chevron Texaco and Conoco Philipps during a period of eight years with researcher Marc Hasani.
“We can’t afford to keep getting poorer,” said Lauzon, who teaches at the University of Montreal at Quebec.
He said the analysis has shown that major oil companies continue to eliminate their competition by either buying or merging them and most of the profits go to the shareholders rather than investing and building refineries.
“Currently Canada, self-sufficient in oil and gas as the third-largest producer of natural gas and the sixth-largest for oil, has prices imposed on it due to events that happen in Iran, Iraq or Saudi Arabia,” he said.
However, Greg Stringham, a spokesperson for the Canadian Association of Petroleum Producers, said after flirting with nationalization under the National Energy Policy, Canada learned a competitive market with many players is more effective than one price and goalsetting entity.
”One of the big foundations that Canada now has . . . is that everyone in the world looks to Canada as the symbol of security, reliability and stability,” Stringham said.
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.
Did we not loose all are canadian right to energy under the free trade deal not the fair trade deal. Canada has no rights left to energy under that deal. I understand that the gouverment also gave up there rights and canot goe back and straiten this deal around