This article is an update to a previous post: 8/11/2022 Only 3-4 years to replace/save 45% of Australian diesel imports? https://crudeoilpeak.info/only-3-4-years-to-replace-save-45-of-australian-diesel-imports It incorporates the recently released Defence Strategic Review. Fig 1: Australian…
Tag: Transurban
NorthConnex road tunnel contract signed only days after US$ 150-200 oil price warnings in Davos
This post is for the record, to be used later in this website’s I-told-you-so menu. $3 billion NorthConnex tunnel contract signed and ground broken Fig 1: From left: NSW Roads Minister Gay,…
Team Australia to pay billions for new oil-vulnerable infrastructure
One would think that an increase of oil related taxes would be used to reduce oil dependency and fund public transport infrastructure, especially as the Iraq war has entered yet another critical…
Sydney’s risky NorthConnex tunnel will not solve congestion problem
Fig 1: NorthConnex tunnel proposal http://northconnex.com.au/library.php The current congestion problem on Pennant Hills Rd is caused by 4 distinctive traffic flows overlapping in this narrow corridor: (a) trucks on the national highway,…
Sydney’s M2 toll road less busy than forecast in Transurban investor presentation of 2011
Fig 1: M2 at Murray Farm Rd – summer evening 2013/14 The Sydney Morning Herald quotes from Transurban’s latest June 2014 ADT data that traffic on the M2 increased by 13.8% y-o-y….
Australian governments want to pay $810m subsidy for unviable road tunnel in Sydney as next oil price spike looms (part 1)
The Federal government refused to financially help car manufacturers and airlines, arguing that companies need to get their “house in order”. The Federal budget is deep in the red. Yet, billions of…
Unsustainable Sydney: cost of using M2 toll-way grows 4 times faster than traffic
Latest figures for the 4th quarter of 2013 show that for a 7.5% increase of traffic over 3 years after an additional 3rd lane was opened, the cost to motorists has jumped…
Sydney motorists pay 22 % more tolls for motorway widening
For a modest traffic increase of 3% motorists in Sydney’s North West pay 22% more tolls after the M2 was widened from 2 lanes to 3 lanes and additional ramps were built….
Wanton destruction of bus ramp in Sydney continues
Demolition work on the M2, to make way for a 3rd car lane 9/12/2012 While the Middle East is falling apart, with yet unknown consequences for oil supplies, only 3 tanker weeks…
Transurban does not pay back its debt
Transurban – just like Greece – does not pay back its debt. They are jost rolling over debt, but not paying it back. Come the next credit squeeze and the game is…