Royal Dutch Shell is not on our side in the War for the Free World. Last week, Shell announced that it has entered, with a Spanish oil company, Repsol, into a preliminary understanding to help the Iranian regime develop part of its vast South Pars natural gas reserve. This means a $10 billion investment in Iran. It also means a slap in the face to all of us who are working to undermine the genocidal regime in Tehran. If Shell decides to go forward with the deal the Mullas will get a shot in the arm that will only embolden them. Sadly, this comes at a time that the Iranian energy sector seems to be on the verge of collapse. Iran's oil minister Kazem Vaziri-Mamaneh has confirmed recently that the state's oil industry is suffering from an acute lack of investment. Shell's decision can overturn all that.
Shell is a test case of our resolve and it should realize that investing in Iran will carry severe consequences.
Frank Gaffney offers solutions: "The real power to punish Royal Dutch Shell for being against us in this War for the Free World should lie with American investors and consumers. The Roosevelt Anti-Terror Multi-Cap Fund (RATF) is the first mutual fund in the nation to be certified by the Conflict Securities Advisory Group as "terror-free." It holds in portfolio neither Shell nor any other publicly traded companies doing business in Iran, Sudan, Syria or North Korea. Nationwide Financial, E-Trade, Ameritrade and Schwab have begun offering RATF as an option on their investment platforms. [...] If you don't want to enrich those who are trying to kill us, insist that your money -- be it in public pension funds, 401(k) plans, mutual funds, life insurance portfolios, etc. -- is invested terror-free."
Gaffney, who runs the Divest Terror initiative offers another way to punish shell: "Whether you are an investor or not, you have another option: Show Shell how you feel about its dealings with our Iranian enemies by filling up your car at the pumps of one of its American competitors."
No matter what you feel about Exxon and Cheveron, at least they are not doing business with terrorist-sponsoring states. There are 3,000 Shell gas stations in the U.S. Make sure you fill up your tank elsewhere until Shell withdraws from the deal.