It's tough to make predictions, especially about the future.
The Daily Caller (12/30/19) reports: "Energy analysts argued in 2010 that coal would still be a top fuel source by 2020 and that Americans would still be dependent on oil imports at the end of the decade — those projections didn’t pan out. The Energy Information Administration (EIA) projected in 2010 that the U.S. would be producing about six million barrels of oil a day by 2019, not the 12 million barrels of oil a day it actually produced. The EIA made other forecasts that year that did not ultimately come to fruition. The EIA projected oil prices would hover around $100 a barrel in 2019 instead of $60 a barrel, where oil prices are currently pegged. The agency was also apparently unable to see into the future and observe how hydraulic fracturing would affect gas production over the past decade...The fracking boom, which began around 2009, collapsed the price of natural gas, giving public utilities a low-cost alternative fuel as regulations imposed by Obama forced coal plants to install expensive equipment or retire."
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"Humans are not a curse upon the planet, but are actually a benefit, because we are problem-solvers. We are creators, not destroyers, on average...When people ask you when was the best time to be alive – the answer is, tomorrow."
– Marian Tupy, Cato Institute
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