He also argues that avoiding all development on risky areas would mean forgoing some of the brown-field land which the government is keen to use: Mr Prescott wants 60% of new homes built on brown-field sites.
Projected boosts in infrastructure-related construction mean there is a bright future in this field, with the BLS predicting 19% job growth from 2010 to 2020.
Record-breaking world oil prices mean prospects are bright for Halliburton's oil field services business, which had profit margins of 14.2% in the three months to June 2004, up 1% on year-earlier.
Everybody, and I mean, everybody, with any experience in this field says that it is essential to involve end-users from the very beginning of any successful project.