Get Your Foot Off the Gas - It's Black Gold
What will cost $3 a litre, require car-pooling, the permanent military occupation of Iraq and oil drilling on the Great Barrier Reef? Petrol, according to experts who have been contemplating its future in an oil-poor Australia.
In Sydney, it might mean a real estate crash and a long recession.
These are some of the consequences, experts say, if Australia does not wean itself off a diminishing supply of fossil fuels.
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