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fig_1d_2010_12 fig_1c_2010_12 fig7_2010_12 fig8_opec_2010_12

Oil Price

Infrastructure expenditure by mode not commensurate with oil challenge

As oil production is peaking since 2005, expenditure for oil dependent roads has been increasing while at the same time investments in energy efficient rail are decreasing. Just the opposite of what should be done.

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I have overlaid crude oil production and oil prices on a graph from a recently published report by Consult [...]