The M2 widening proposal can be viewed here:
http://www.hillsm2upgrade.com.au/ea_documents.htm
We superimpose traffic forecasts from chapter 7.2.3 on page 72 with crude oil and condensate projections of Geoscience Australia
Source of data:
http://www.hillsm2upgrade.com.au/files/environmental_assessment/volume2_part1/techpaper1/m2ueavol2pt1ttiamainreportch6to8.pdf
https://www.ga.gov.au/image_cache/GA17051.pdf
It can be clearly seen that a huge gap between assumed traffic growth and declining oil production emerges already in the next years, just when the additional lanes [...]
5 years peak oil. What we have seen so far is the response of the economy and the financial system to oil production on a bumpy production plateau
The above graph shows that in the 1st quarter 2010 we are basically back to 2005 production and consumption levels.
But for the same amount of oil, the world [...]
BP published its annual Statistical Review covering the period up to December 2009
http://www.bp.com/productlanding.do?categoryId=6929&contentId=7044622
Jeremy Legget who participated in this ABC TV documentary
The incredible journey of oil
http://www.abc.net.au/science/crude/
commented on the BP Statistical Review in an article in the Guardian (9/6/2010)
The oil spill and credit crunch were bad. An oil crunch would be worse
Big as BP’s problems are [...]
In a new twist of Brisbane’s road tunnel saga motorists avoid the newly opened North South Bypass Tunnel (renamed into Clem7)
The original strategy of 5 TransApex road tunnels in Brisbane is 10 years old. The financial performance of these tunnels was based on many untested assumptions including a continuing roll-over of debt, motorists’ preparedness to [...]
