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September 4th, 2005:

Insurers face $40bn claims after Katrina

The Observer: Insurers face $40bn claims after Katrina

“Last week Shell increased prices for unleaded petrol from 90.6p a litre to 93.2p, while diesel prices went from 94.5p to 96.1p. A spokeswoman said that the Anglo-Dutch company, which has made record profits from the soaring crude price this year, has made losses in every quarter on petrol sales.”:

Sunday September 4, 2005

Huge premium hike for British firms · Petrol price to hit £1 a litre this week

Richard Wachman and Oliver Morgan

BRITISH and American insurance industries face claims topping $40 billion following the devastation in the wake of Hurricane Katrina.

The figure, leaked to The Observer by sources within the Lloyds of London insurance market, is similar to the hit taken by companies following the terrorist attacks in September 2001. As a consequence, businesses face huge hikes in insurance premiums. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The Observer: Oil at $70 a barrel? It’s no big deal – yet

The Observer: Oil at $70 a barrel? It’s no big deal – yet

“…it has long been rumoured Shell could fall prey to a bid from its French rival, Total. But what if the boot was on the other foot and Shell took a pop at Total? Would an Anglo-Dutch oil giant be allowed to swallow Total, viewed as a family jewel by the French government? I think not.”

Sunday September 4, 2005

Richard Wachman

Oil prices have soared, and petrol is up 14 per cent since January. But no angry motorists are venting their spleen on garage forecourts. Neither do many economists believe the world faces recession as it did in 1973, when oil prices shot up following an Opec embargo in response to an Arab-Israeli war.

The most remarkable thing about the current energy crisis is that there has been relatively little panic and few serious economic repercussions to date. Who would have believed that the Bank of England would be cutting interest rates when the oil price has doubled in 18 months to $70 a barrel? read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

£1 litre looms as US oil firms target European fuel supplies

The Sunday Times: £1 litre looms as US oil firms target European fuel supplies

“Aerial photographs of Shell’s Mars platform, which produces 220,000 barrels of crude per day, showed collapsed equipment on its deck.”

Sunday 4 September 2005

By Carl Mortished, International Business Editor

THE economic damage from Hurricane Katrina will soon be felt in Britain with petrol prices possibly soaring as high as £1 per litre.

Flood-damaged American oil companies are expected to turn to European refineries for alternative supplies of road fuel, forcing up the price of petrol and diesel in Britain.

Concern that a tenth of America’s refining capacity lies under water sent the wholesale price of petrol rocketing on the NYMEX futures exchange in New York and yesterday shock waves raced across the Atlantic and buffeted Rotterdam. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Big oil groups prime pumps for £1 a litre

The Sunday Times: Big oil groups prime pumps for £1 a litre

“THE oil giants Royal Dutch Shell and BP are to spend millions upgrading their petrol pumps and station forecourts to allow them to charge higher prices. The companies, which last year reported combined pre-tax profits of £30 billion, are set to raise their prices…”

Sunday September 04, 2005

Dan Box and Dominic Rushe

THE oil giants Royal Dutch Shell and BP are to spend millions upgrading their petrol pumps and station forecourts to allow them to charge higher prices.

The companies, which last year reported combined pre-tax profits of £30 billion, are set to raise their prices, with a litre of unleaded petrol threatening to exceed £1 in the aftermath of Hurricane Katrina.

Industry sources estimate that up to 70% of the country’s pumps are unable to display figures higher than 99.99p a litre. Retailers said the wholesale price of petrol charged by their suppliers rose last week and more increases are on the way, making £1 a litre inevitable. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

THE ULTIMATE INTERNET GRIPE SITE

September 4, 2005 (updated Sept 2012)

By Alfred Donovan

The Internet provides a low cost platform for anyone, even of modest means, to reach a global audience. It is the high-tech equivalent of having a soap box at “Speakers Corner” in London’s Hyde Park – that long-established bastion of free speech.

The net gives ordinary mortals the opportunity to publicly criticise the rich and powerful on what are known as “gripe” sites.

Some sites even legally use a dotcom name identical to a target company’s trademark. This is a remarkable development. It is based on a loophole which requires that the gripe site must be non-commercial with no subscriptions and no advertising involved. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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