not wise for transport shares becos..crude oil will be rebounding soon.
for those who are driving please take note....just happen to come across this news from the internet.....
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Aug 23, 2007
More ERP gantries, extended hours from Nov
By Melissa Kok
IN A bid to reduce traffic congestion along expressways and roads and encourage commuters to use alternative routes, the Land Transport Authority (LTA) is setting up more Electronic Road Pricing (ERP) gantry points, and extending the operational hours of current points.
From Nov 1, the morning Electronic Road Pricing (ERP) hours will be extended from 7am to 11am during weekdays on the south-bound Central Expressway (CTE) for motorists entering CTE from the slip road between Ang Mo Kio 1 and Braddell Road.
Currently, the ERP hours are from 7.30am to 9.30am.
Motorists will also be charged 50 cents for entering the CTE between 7am and 7.30am as well as between 9.30am to 11am.
There will be no changes to ERP charges at the other three gantries on the south-bound CTE.
On the north-bound CTE, a new gantry - north of the Pan-Island Expressway (PIE) exit - will be operational between 5.30pm and 10.30pm.
On the east-bound East Coast Parkway, two new gantries have been installed - one before the Rochor Road exit and the other on the Ophir Road slip road.
They will be operational between 6pm and 8pm on weekdays.
On the south-bound Bukit Timah Expressway (BKE), a new gantry has also been built after the Dairy Farm exit, before the BKE joins the PIE. It will be operational from 7.30am to 9am.
Five more new gantries are planned. They will be built at Toa Payoh Lorong 6, Upper Boon Keng Road, Kallang Bahru Road, Geylang Bahru Road and Upper Hume Avenue.
The LTA says it will monitor the traffic conditions along those roads. If they do not meet the optimum speeds of above 45kph on expressways and 20kph on other roads, LTA will activate the gantry points.
LTA made these announcements on Thursday following Transport Minister Raymond Lim's visit to the completed first phase of the upcoming Kallang Paya Lebar Expressway (KPE).
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This was "expected" too right? with everthing going up..it is only a matter of time. Looks like I have to give up taxi to work now if they put the damn ERp to 11am. I sometime go to work later so I can beat the 9.30am thingy and save at the PIE and CTE for my TAXI ride.
I love cars and a big fan but this just reaffirm why I should still not learn to drive to get my license and buy a damn car in Singapore.
The rate at which humanity is progressing, it ain't worth living anymore.
No, this has nothing to do with this ERP thingy.
Bloody depressing place.
Pay your way to your grave.
cheer up! :bsmilie:
Cuz you are not the only one paying.
Whether u r 33 or 66 all oso must pay !!!
I am loving it :heart:
Mac Donalds
The rate at which humanity is progressing, it ain't worth living anymore.
No, this has nothing to do with this ERP thingy.
Bloody depressing place.
Pay your way to your grave.
i can see a vision of Singapore City planted full of "stick like" metallic structures called gantries. :bsmilie:
Cuz you are not the only one paying.
Whether u r 33 or 66 all oso must pay !!!
I am loving it :heart:
Mac Donalds
cheer up! :bsmilie:
This is really what I called the 'blind scholars' or 'one sided mind track'. They are hoping to have 'smoother' traffic on the expressways, but never foresee that the higher traffic flow on the normal roads, which then increases the risk for the pedestrains and cyclists or even the elderly.
After some time of driving on the expressways, some drivers will tends to drive as fast on the city roads as if they are driving on the expressways, or simply already lack the patience to go slower, thus, road accidents on the city road may increase as the result of the fare hike in ERP and extension of timing.
Also, so much talks about family friendly working environment or pro-family policies. These new fare hike only cause more people to leave home much earlier and stay back office much later to avoid the ERP payment.
Then of course, at the same time, there can be more excuses in the future for taxi fare to request for fare hikes, given the high oil price and now the higher ERP charges. And to the PTC, it's 'perfectly' justified that the taxi operators request for fare hike due to the higher 'operating cost'.
In the end, who suffers? All the little peasants like us, of whom, someone just said that you all are now expected to work till later and only can your life savings much later also. Don't expect us to take care of you because you must take care of yourself, we can help you by delaying your life saving money to later time, but not taking care of you.