UPI Energy Watch
Published: June 3, 2008 at 5:06 PM
Royal Dutch Shell leader agrees with OPEC officials.
Jeroen van der Veer, the top Royal Dutch Shell director, has echoed the views of many members of the Organization of Petroleum Exporting Countries that the world oil market is well supplied.
“There are no physical shortages in the world. We don’t have ships waiting in the Middle East, no people queuing up for gasoline,” van der Veer told reporters in Kuala Lumpur, Malaysia.
He alleged the high prices have a lot more to do with psychology than with supply or demand. Van der Veer also added that the focus needs to be on finding unconventional oil and gas and developing renewables.
Oil prices have continuously hit record highs since the beginning of the year. OPEC ministers blame the U.S. dollar value and geopolitical tensions for the price spike, Iran’s PRESS TV reported, while other leaders say additional supply is needed.
When asked about his opinion on governments that are trying to stockpile oil, van der Veer said it was nothing new. He said firms now, however, must be careful where they invest, regarding geopolitical tensions.
In May, Nigeria sought $850 million from Shell, which the country’s president said was owed to state oil firm NNPC as capital allowance from two offshore fields. NNPC and the government are also seeking $414.6 million they said were owed from gas sales and taxes for Shell’s Bonga fields.
Van der Veer said he is looking at security and project funding issues in Nigeria, which had taken a toll on Shell’s oil output and caused it to lose its position as the biggest producer in the West African country to ExxonMobil.
http://www.upi.com/International_Security/Energy/Analysis/2008/06/03/upi_energy_watch/3895/
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. UPI Energy Watch
Jeroen van der Veer, the top Royal Dutch Shell director, has echoed the views of many members of the Organization of Petroleum Exporting Countries that the world oil market is well supplied.
“There are no physical shortages in the world. We don’t have ships waiting in the Middle East, no people queuing up for gasoline,” van der Veer told reporters in Kuala Lumpur, Malaysia.
He alleged the high prices have a lot more to do with psychology than with supply or demand. Van der Veer also added that the focus needs to be on finding unconventional oil and gas and developing renewables.
Oil prices have continuously hit record highs since the beginning of the year. OPEC ministers blame the U.S. dollar value and geopolitical tensions for the price spike, Iran’s PRESS TV reported, while other leaders say additional supply is needed.
When asked about his opinion on governments that are trying to stockpile oil, van der Veer said it was nothing new. He said firms now, however, must be careful where they invest, regarding geopolitical tensions.
In May, Nigeria sought $850 million from Shell, which the country’s president said was owed to state oil firm NNPC as capital allowance from two offshore fields. NNPC and the government are also seeking $414.6 million they said were owed from gas sales and taxes for Shell’s Bonga fields.
Van der Veer said he is looking at security and project funding issues in Nigeria, which had taken a toll on Shell’s oil output and caused it to lose its position as the biggest producer in the West African country to ExxonMobil.
http://www.upi.com/International_Security/Energy/Analysis/2008/06/03/upi_energy_watch/3895/
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.
