Published: March 19, 2008 at 3:27 PM
WASHINGTON, March 19 (UPI) — Shell has rejected accusations the increased price of oil, and thus profits, can be linked directly to the Iraq war.
In a letter to the advocacy group Consumers for Peace, the company also said it won’t transfer the so-called war profits to a special fund as the organization requested.
“The proposals in your letter are based on the contention that there is a direct causal relationship between profits achieved by some oil companies in the last few years and increases in the oil price linked to some degree to the war in Iraq,” Shell Corporate Affairs Director Roxanne Decyk wrote in the letter obtained by United Press International. “We reject this contention.”
Decyk said there were “many and various factors” that move the price of oil.
Geopolitics, the value of the dollar, increased demand, tight supply and traders are all considered players in the price of oil, which sold in the high $50 per barrel range a year ago and is now more than $100 per barrel.
Consumers for Peace Director Nick Mottern asked Shell in a letter to pay $28 billion “into a fund that will make direct payments to families of Iraqi, U.S. and other coalition war dead and wounded.” He said the amount was his calculation of “war profit for the last five years.” Mottern said he’s sent similar letters to BP and ExxonMobil. All three are in negotiations with the Oil Ministry for short-term contracts.
The letter also called on the companies to urge Congress to cut all war funding except what’s needed to fully withdraw from Iraq and stop pressing the Iraqi government to pass the draft oil law. Mottern’s group and many other campaigners and Iraqi civil society groups say the law will open up Iraq’s oil reserves to foreign companies.
The letter also asks Shell to stop advocating the law.
“Shell is not, nor has it engaged in any lobbying about what specific form the legislation should take,” Decyk wrote, “but it is no secret that we, alongside other oil companies, hope to see a legislative framework in place as soon as possible.”
The oil law is stalled in Parliament largely over what role foreign firms should play in Iraqi oil.
Ben Lando, UPI Energy Editor
(e-mail: [email protected])
© 2008 United Press International. All Rights Reserved.
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.
