ODAC Newsletter – July 3

A weekly review from a UK perspective – “The first round in the great Iraqi oil sale was an interesting affair if not a very conclusive one. In the live TV auction which took place on Tuesday, only one deal was reached as international oil companies refused to meet the terms demanded…

Interview with Charlie Maxwell (Part 1 of 2)

“What struck me the most, as a surprise, is the virulence in the downtrend in the world economy. That’s a negative for the peak oil story, but only a temporary negative. By crushing demand, we are in effect gaining two more years, maybe three, in which we in the consuming world have added to our time before the peak, and could take good advantage of, since the peak is right upon us-I have it still at 2015 for all liquids.” (Charlie Maxwell is the life-long oil industry analyst viewed by Barrons’ magazine as their energy guru.)

“Architecture 2030” plan to revive economy

Message to Washington: You’re not getting it – we’re still out of work. WInd farms and energy efficient public buildings are important, but what about the housing industry? The recession started with the housing industry — and can end if we bring back construction — so lets focus on the real problem. That’s the heart of the message to Congress and the Obama administration from a group of architects and builders who are promoting a plan to end the recession by revitalizing America’s