A high speed bike path, I know more than a few people that would use that, especially in the summer months where there really is no other option to get into the downtown core. If one does decide to ride a bike into the core at any (legal) rate of speed they have to do so on a major roadway such as Crowchild, Memorial and or Shaganappi if they are coming from the northwest, and I am fairly certain that the issue is similar for those who commute from the south. Put a number of high speed bike paths into the city, as well as make it so that some roads in the city are more bike friendly then you really will find that people will go out onto the roads.
It isn't that difficult to pick up a bike and ride around 20 km which accomidates for a large percentage of the cities population. I know I am not in the greatest of shape, but I can do that in around 40-45 minutes, and if I am busting my balls I can do it in just over half an hour with an average speed of 35 km/hour. But at the same time I would bet that it wouldn't be that big of a difference between driving into the city and riding a bike into the city. Hell you set up those bike paths and I am sure you would find reduced numbers of cyclist collisions with autos as well as collisions with pedestrians on the pathways.
But really I don't want to be risking the enviromental stability of a region, especially one as sensitive as a coral reef so people can save 7.50 on a fillup, and really (if we can use you line of thinking) we don't even know that it will have a significant impact on gas prices at least not for a while while the offshore oil wells are up and running - which takes a heck of a long time.
Urban sprawl - happening to a certain extent, but growing up and not out. Right now Calgary is just scooping up land left right and center and building out. Results in people having really long drives into work, rather Calgary should be focusing on getting people in the inner city areas, or in the development of innercity appartment buildings. In doing so eliminate a huge chunk of the driving which takes place in the average commute.
Just spitballing ideas though.
1) Manditory service checks - change oil filter and keep tire pressure at the correct levels.
2) Increased use of telecommuting.
Edit: No one is saying the high speed bike paths would be around 50 mph as you suggest, but rather bike paths which are designed specifically for bike use, and trust be it is easy to get around 30 km.hour on a bike.
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