22 Nov 2007

Government transport policy based on oil at $35!

This week's Signal Failures - Private Eye's news of c***ups in the transport world) highlights the entertaining little factoid that the Governments' 'model' used for the 'predict' side of their 'predict-and-provide' transport policy (Called the NTM or National Transport Model) uses an oil price scenario of (wait for it...) $35 (at 2004 prices) by 2010.

Yesterday the barrel price for oil was barely a few cents away from hitting $100. We can now see why the Government thinks widening the M25 etc is a goer while electric trams in Leeds would be a dead loss. You also have to wonder if any of the people involved in this work actually pays for their own transport...

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