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Posts on ‘August 8th, 2012’

Shell refuses to lift injunction against jailed Rossport Five

FROM OUR AUGUST 2005 SHELL NEWS ARCHIVE…

Irish Times: FG leader wants TD to apologise for office picket

“The five men in Cloverhill face into their sixth week in prison, with no sign of any breakthrough due to Shell’s insistence on building an onshore terminal and its refusal to lift the injunction against north Mayo residents opposed to the onshore pipeline.”

Monday 8 August 2005

Lorna Siggins, Marine Correspondent

Fine Gael leader Enda Kenny has called for an apology from fellow Mayo TD Dr Jerry Cowley (Ind) about a picket of his constituency office over the Corrib gas issue.

Mr Kenny says he holds Dr Cowley “personally responsible” for “the behaviour, attitude and abusive language” towards two of his staff during an eight-hour protest on Friday in Castlebar.

Mr Kenny says he was “compelled for the safety and security” of his office and staff to call the gardaI to remove Dr Cowley “and his supporters” late on Friday. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Irish Government orders Shell to dismantle illegal pipeline

FROM OUR AUGUST 2005 SHELL NEWS ARCHIVE…

Irish Times: Ministers can’t play both sides in key projects

“The dispute between Shell and the residents of north Mayo spilled over into the British papers last week. With the clarity that observing something from a distance allows, the story was distilled down to the company being ordered by the Irish Government to dismantle a pipeline because it had been built illegally.”: It is not the sort of publicity that any company likes, particularly one with Shell’s sensitivities…”

John McManus

Aug 08, 2005

Business Opinion: The dispute between Shell and the residents of north Mayo spilled over into the British papers last week.

With the clarity that observing something from a distance allows, the story was distilled down to the company being ordered by the Irish Government to dismantle a pipeline because it had been built illegally.

The other key fact to be gleaned from the UK newspaper reports was that five local men are in jail in Ireland for opposing this apparently illegally built pipeline, the safety of which appears to be an issue, because the Government is ordering an independent inquiry. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

The Guardian: We have been here before: the price of oil will fall

FROM OUR AUGUST 2005 SHELL NEWS ARCHIVE…

Forecast in August 2005 from Vince Cable,  the former Chief Economist of Shell: “We have been here before: the price of oil will fall”

Monday August 8, 2005

Vincent Cable

One piece of conventional wisdom which is hardening into a truism is that oil prices will continue to rise. Recent headlines include: “Shell predicts two decades of rising oil prices” and “Oil will hit $100 by winter”.

The futures markets are expecting prices to continue to rise from just over $60 a barrel to $64-$65 in six months. The mainstream forecasters anticipate continued high prices in the short and even long term.

We have been here before. At the peak of the 1979/80 oil shock, when prices reached $80 a barrel in today’s terms, a poll of forecasters showed a consensus expecting prices to rise indefinitely. The forecasts were underpinned by the belief that supplies were becoming exhausted or that the Opec cartel had limitless capacity to adjust supply to maximise revenue. Little account was taken of the supply and demand response which led to the collapse of prices within five years. The old adage of all commodity markets that high prices lead to low prices was forgotten. It is being forgotten again. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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