TheTurtle wrote:I for one started buying exclusively from Shell right after they were caught having grossly overestimated their proven reserves. When it was revealed that they had lied to us and actually had less oil than originally declared, I considered it my duty as a world citizen to help them deplete all of their holdings as soon as possible.
vampyregirl wrote:i am loyal to the Royal Dutch Shell Group. not only did they give me a job they gave me a scholarship to go to school and have even helped pay for daycare for my son. yes not long ago some senior members were forced to resign due to the misreporting reserves scandal. i don't think that will be repeated in the future. as for Nigeria those accusations against the Group were made by a rebel group who are guilty of kidnapping and murder. i would think twice before taking the word of proven criminals.
The entire world condemed that ruling as judicial murder and many of the witnesess later admit being bribed.vampyregirl wrote: as for Nigeria those accusations against the Group were made by a rebel group who are guilty of kidnapping and murder. i would think twice before taking the word of proven criminals.
Voser also addressed whether so-called "peak oil" -- the theory, around since the 1950s, that global demand will ultimately outpace supply -- has now been effectively debunked.
The CEO demurred, answering instead that despite developments in technologies such as electric cars, wind power and other alternative energy sources, "we will need conventional oil" for the foreseeable future.
"We cannot switch it off, and we can make it lower-carbon."
"I think what is dead is cheap oil," Voser said, adding, "There is sufficient oil around," but producers "will have to spend more to get it. ... And I think you'll see that in the end price for consumers."
ReutersRoyal Dutch Shell halts gasoline supplies to Iran, trade sources say Shell sold 1.65 mln bbls of gasoline bet Apr-Oct in 2009 By Luke Pachymuthu
DUBAI March 10 (Reuters) - Oil major Royal Dutch Shell (RDSa.L) has stopped gasoline sales to Iran, oil traders said on Wednesday, the latest addition to a growing list of firms that have halted supplies under threat of future U.S. sanctions.
The Anglo-Dutch oil firm will join the likes of BP (BP.L), Reliance Industries (RELI.BO), and independent Swiss trader Glencore, among suppliers that have either stopped fuel sales to Iran or have made a decision not to enter into new trading agreements with the world's fifth largest oil exporter. …
ki11ercane wrote:Sanctions of shenanigans from the rest of the world no longer have the teeth people think they have. If anything else, they are used a market tools.
http://www.globalsecurity.org/wmd/libra ... irna06.htm
Necessity is the mother of invention. Iran also gets around sanctions using black market schemes as well:
http://www.nytimes.com/2009/10/05/world ... tions.html
The fact that the world hasn't figured out yet that the sanctions from the West and the threats of retaliation from Iran are all puppet show identifies how stupid Main Stream People are. (and we always blame it on Main Stream Media) I wouldn't be surprised if Iran, the West, and major business ventures schedule and plan their fear mongering to assist in their political and fiscal gains.
Iran needed to be reduced to glass 40 years ago. Now, it's too late.
The 1953 Iranian coup d’état (termed the 28 Mordad coup d'état in Iran), was the overthrow of the democratically-elected Iranian government of Prime Minister Mohammad Mosaddegh by the Central Intelligence Agency;[1][2][3] it was the CIA's first covert operation against a foreign government.[4] The coup has been called "a critical event in post-war world history", and is thought to have influenced "all of subsequent Iranian history."[5] The coup was originally considered in America to be a triumph of Cold War covert action, but given its blowback, it is considered now generally to have left "a haunting and terrible legacy," both in Iran and worldwide.[6] In 2000, the U.S. Secretary of State called the coup a "setback for democratic government" in Iran, saying "It is easy to see now why many Iranians continue to resent this intervention by America in their internal affairs."[7] In 2009, President Barack Obama publicaly admitted US involvement in the coup; the first time a sitting US president had done so.
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