[Peakoil-website-changes] [DokuWiki] page changed: senate_oil_inquiry_submission

[peakoil at act-peakoil.org]

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Date        : 2006/02/24 17:49
Browser     : Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.1; SV1; .NET CLR 1.1.4322)
IP-Address  : 10.0.0.1
Hostname    : nermal
Old Revision: http://act-peakoil.org/dokuwiki/doku.php?id=senate_oil_inquiry_submission&rev=1140761900
New Revision: http://act-peakoil.org/dokuwiki/doku.php?id=senate_oil_inquiry_submission
Edit Summary: 
User        : 

@@ -253,10 +253,10 @@
  Oil prices have risen 45% over the past 20 months, which is already resulting in increased public transport patronage, with 6% increase in Perth and a 8.5% increase in Melbourne, and a 15% increase in adult passengers in Canberra, as people economise on their travel. 
  
  However, bus based public transport is also facing increasing costs with rising oil prices. Light and heavy rail, powered by electricity protects public and freight transport from these price rises.
  
- The global peak in oil production is predicted by the world experts to occur between now and 2035.  Once the peak in global oil production is reached, global production will continually decline from that point on, while demand will is likely to continue to increase, creating a significant rise in price.  As gas is a direct substitute for fossil oil products, its’ price will also rise.
+ The global peak in oil production is predicted by the world experts to occur between now and 2035.  Once the peak in global oil production is reached, global production will continually decline from that point on, while demand will is likely to continue to increase, creating a significant rise in price.  As gas is a direct substitute for fossil oil products, its price will also rise.
  
  We need to start preparing for an oil limited future.  Switching public and freight transport away from oil and gas is an important step and electrified light and heavy rail is a key solution, as its power is derived from non oil and gas sources.
  
- **Bold Text**Recommendation: We need to invest now in transport alternatives to enable to minimising economic pain of leaving such a transition to too late.**Bold Text**
+ **Recommendation: We need to invest now in transport alternatives to enable to minimising economic pain of leaving such a transition to too late.**
  



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