Wednesday, March 18, 2009 at 10:38 AM
NEW ORLEANS
With oil and natural gas prices far below those from a year ago, energy companies put up $703 million in high bids for offshore tracts in the central Gulf of Mexico.
Last year’s sale involving federal waters off the coasts of Louisiana, Mississippi and Alabama a key energy producing region for the United States yielded $3.67 billion in winning bids. But oil and gas prices also were roughly twice the level they’re at currently.
Still, some prospects received large bids in this year’s sale: a subsidiary of Royal Dutch Shell put up $65.6 million, the highest single bid on a tract.
As with recent central Gulf sales, most of the bidding was concentrated on shallow-water prospects where natural gas can be found and on tracts in deeper Gulf waters that can take years and hundreds of millions of dollars to develop.
Copyright © 2009 The Seattle Times Company
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.
