Hello Mr O’Reilly
This email is not short and pithy, but I hope you will agree that the content is nonetheless important.
The U.S. government has confirmed that it has evidence that the Iranians are supplying weapons and munitions to insurgents/terrorists in Iraq, who are killing American and British soldiers. Deadly roadside bombs have been manufactured in Iran. As you will also be painfully aware, over 3,200 U.S. and British soldiers have lost their lives in Iraq and tens of thousands have been injured.
Whilst American oil companies are prohibited from doing business with the fanatical Iranian regime, Shell continues to operate and pursue new opportunities in Iran despite threats from the American authorities of implementing sanctions against the company.
Shell is desperate to acquire new hydrocarbon reserves following the scandal in 2004 when it was found guilty by the SEC of securities fraud after grossly overstating its reserves. Shell was fined $150 million by the US and UK financial regulators for “fooling the market” and is faced with multibillion dollar class action lawsuits. At the end of December 2006, Shell’s reserves position took another disastrous hit when Russia effectively nationalised Shell’s huge Sakhalin2 project after Shell had allowed development costs to spiral out of control.
As a consequence, Shell is willing to risk incurring the wrath of the U.S. authorities and U.S. public opinion by doing business with the deadliest enemy of the USA (and the UK).
As you may recall, the President of Shell Oil Company, John Hofmeister, was accused of lying when he gave evidence to Congress after the oil giants engaged in blatant gas price gouging. Hofmeister, a charming man, is a past master of spin. He is currently in the throes of a tour of over 50 U.S. cities trying to restore Shell’s tarnished reputation.
A confrontation in the no-spin zone with Hofmeister on the subject of Shell’s treacherous conduct in Iran could be extremely interesting to say the least: the King of no-spin vs John Spinmeister.
You may decide that a campaign to boycott Shell would, under the circumstances, be the best way for Americans to register their displeasure at Shell.
Co-owner of the website: www.royaldutchshellplc.com
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