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Latest Graphs
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It is unbelievable: peak oil (=limited oil supplies at 73-74 mb/d of crude oil) started in 2005 and 5 years later this is still not an election issue. What we have seen so far is the response of the economy and the financial system to oil production NOT growing. Peak oil hit [...] 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 [...] This post is updated from time to time The following graph from Energyfiles shown by Matthew Simmons in a 2007 slide presentation explains the desperate fight for oil after the US peak in 1970 http://www.simmonsco-intl.com/files/UCSB.pdf 1970 US peak oil, together with 1st peak from shallow water 1971 Convertability of US dollar to gold discontinued. Increasing quantities of oil [...] My submission to the Metropolitan Transport Plan proposal http://www.nsw.gov.au/metropolitantransportplan is here: 26/5/2010 Comments on Metropolitan Transport Plan Contents of this PDF file: Summary 1 Time table of events 2010 – 2020 2 Why the Sydney Metropolitan Strategy is totally flawed 2.1 Population Scenarios 2.2 Planning hierarchy omits resource analysis 2.3 Financial crisis will not go away 2.4 Cancellation of Epping – Parramatta rail link 3 Why we’ll [...] |
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