Friday, January 25, 2013

Vast Shale Oil Find in Australia

Australia joined the Shale Oil Club yesterday.  The find in Australia, estimated at between 3.5 billion barrels on the low end - which rivals the Bakken Shale in North Dakota - and 230+ billion barrels on the high end - which would rival Saudi Arabia's reserves - likely ensures Australia's energy independence for the next 100+ years.

With the US, Canada and Australia available as oil suppliers OPEC's strategic stranglehold on the world slips and the geopolitical map shifts again.

Expect China, with vast unexplored shale formations of its own, to join the Shale Oil Club soon.

As these vast supplies of energy come online over the next 20 to 30 years expect more turmoil in the Middle East and Africa and less concern regarding such turmoil form the rest of the world.

Advocates of IPD, BIM and lean processes must engage the energy industry in a substantive conversation regarding mechanisms for increasing the efficiency with which they extract these resources if we want to ameliorate the effect of these extraction processes on the environment.  Cheap energy will raise BILLIONS out of poverty around the globe and those of us who understand IPD, BIM and lean processes can positively impact the process.

Alternatively, some will shriek, wail, rend their clothes while demanding that billions of people spend trillions of dollars on costly "green energy" instead.  That won't happen though.

Let's make a difference where we can.

Welcome to the Collaborative Revolution!

James L. Salmon, Esq.
Collaborative Construction
300 Pike Street
Cincinnati, Ohio 45202 Summary of Services and James L. Salmon's CV

Office 513-721-5672
Fax 513-562-4388
Cell 512-630-4446

Collaborative Construction Website

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