LETTER TO EDITOR: The dark side of oil
Wednesday, July 2, 2008
It would be interesting to know where our politicians in Congress and the White House really stand in reference to controlling the speculators who are driving up the price of crude oil, causing skyrocketing gasoline prices.
On June 17, CBS Evening News televised a segment called “The Dark Side of Oil,” in which the network named companies that make up the Intercontinental Exchange, an oil futures market speculation group that operates out of London to circumvent U.S. regulation.
These companies are all headquartered in the United States and include investment banks, most notably Goldman Sachs and Morgan Stanley, as well as oil companies, most notably ExxonMobil.
The oil-exporting countries have repeatedly insisted that the price of oil based on supply and demand could not be justified at over $80 per barrel.
Prices that are now far in excess of that dollar figure are the direct result of the actions of the above-named speculators and their colleagues who are deliberately driving up prices to line their pockets at our expense.
Meanwhile, politicians in both parties have so far remained silent or paid minimal lip service, thus raising the obvious question. Could they be possibly beholden to the speculators more so than to their constituents?
The politicians appear to be intentionally deflecting attention from speculative greed by gratuitously calling for lofty, long-range energy projects that might reach fruition in 20 years, if at all.
In order to bring about a meaningful reduction in gasoline prices, voters will have to demand political action that will bring relief now before it is too late, not after the November elections or at some vague date far into the future with some equally vague pie-in-the-sky proposed solutions.
There will never be a more opportune time than the present for politicians in Washington to enact laws to restrain greedy oil speculation, the primary cause of gouging at the pump.
One energy analyst recently stated that if oil speculation could be effectively curtailed, gasoline prices should drop by as much as 50 percent.
However, unless and until voters forcefully express their concern to federally elected officials, Washington politicians in both parties will no doubt continue to avoid confronting the issue by employing the usual disingenuous diversionary tactics.
M. LAINE MASHBURN
Ether, N.C.
Associated Press With gas prices spiraling to more than $4 a gallon, thieves across the nation are increasingly seeing gas as “liquid gold,” and many are choosing a cordless drill over a siphoning hose to puncture and drain the tank.
http://www.washingtontimes.com/news/2008/jul/02/the-dark-side-of-oil/
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.
