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Australia Archive
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“Yes, Prime Minister” peak oil 2006 under your watch
Posted on July 8, 2011 | No CommentsOnly weeks after the IEA conceded that crude oil peaked in 2006 we have another indicator for the peaking: The IEA was forced to release oil from the Strategic […] -
Sydney now beyond point of no return
Posted on May 9, 2011 | No CommentsOnly days after the ABC TV broadcasted an interview with IEA chief economist Fatih Birol who warned that peak oil happened in 2006 and that the world should have prepared […] -
Australia’s crude oil imports on record high
Posted on April 25, 2011 | No CommentsAustralia imported a record 519 Kb/d of crude oil in the 12 months from March 2010 to February 2011, 50 Kbd/d or 11% higher than in the last boom period […] -
Sydney’s RTA builds M2 exit lanes for $200 oil
Posted on April 4, 2011 | No CommentsThis is a M2 construction work update for calendar week 5/2011. Contractors have started to build exit lanes for $200 oil just as 3 parties are now fighting for oil […] -
Sydney increases its oil vulnerability as strategic shifts in ME threaten global oil supplies
Posted on March 9, 2011 | No CommentsIt is unbelievable. Transurban started work on the M2 widening in Sydney by blocking access lanes for a bus ramp to a major railway station in the suburb of Epping. […] -
Brisbane’s Clem7 Road Tunnel in Receivership
Posted on February 28, 2011 | No CommentsThe Clem 7 road tunnel (North South Bypass Tunnel) in Brisbane, conceived and planned in an era of $20 oil, has been placed in receivership. After the Cross City tunnel […] -
Money in Transurban’s cashbox not enough to complete M2 widening
Posted on February 11, 2011 | No CommentsTransurban ended up with a cash balance of $370 million at end 2010. $ 275 m of that amount is money provided by banks end of last year as part […] -
Queensland Reconstruction Bonds more important than Sydney’s M2, M5 widening
Posted on January 17, 2011 | No CommentsThe Queensland Premier is calling for a re-construction task of post-war proportions. What is required is not just a re-construction but an adaptation of infrastructure to future climate change because […] -
Sydney’s M2 toll increase high above RBA inflation target (part 3)
Posted on January 5, 2011 | No CommentsLet’s calculate future tolls on the M2 toll-way. Starting point for this analysis is this news item from 26th October 2010: Roads Minister David Borger said the RTA had signed […] -
Will Transurban ever pay back its debt?
Posted on December 9, 2010 | No CommentsTransurban, a toll-way operator in Sydney, Melbourne and the US has accumulated a debt mountain of around $A4 bn. Up to now, most of the previous debt, when due, was […]