It looks like Australia is in for an economic boom?
Gas the next fuel to fire Australia's boom
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Projects being ramped up to tap huge undersea fields off the country's northwest could quadruple Australia's exports of liquefied natural gas in the next few years and turn it into what the country's resources minister has called an "energy superpower."
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I don't think that I see (1) how much it costs to get the natural gas out from the ocean, (2) how risky it is for the workers, or (3) how much potential damage the drilling will do to the environment? The 2nd and 3rd should be controllable; unless we are talking extreme depths, neither should not be a problem.
The 1st may still be. The oil sands of Alberta (Canada) were big 1-2 years ago, but once crude oii's prices went down, refining the oil from the sands slowed down.
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