Tuesday, May 13, 2008

The Impact Of Rising Oil Prices On Sydney Suburbs

A study published in an Australian newspaper looks into the effect of rising oil prices in Sydney. They showed a rather obvious result - that those who live in the suburbs have higher fuel costs than those who live in city centers. If the Australian suburbs are anywhere near as badly laid out as American suburbs, they are arranged to the convenience of the all-important car, there is little allowance for walkability, and as a result people are driving everywhere.

The article places fuel costs as a percentage of income and due to rising fuel costs they identify suburban residents as beginning to spend 6% or more of their income on fuel. Astonishing!

This rising percentage for fuel cost will clearly lead these people to agitate, or to look for solutions.

Article Reference: 


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