Re:Fracking boom tied to methane spike in Earth’s atmosphere
by pdonis on Sunday October 13, 2019 @05:50PM
(#21243354)
> Predictions not panning out because they were mitigated in time doesn't mean the predictions were wrong.
They weren't "mitigated". Nobody took action based on those predictions in order to keep them from coming true. People just continued to improve technology and continued to have fewer children as their standard of living rose--trends that were just as observable when the predictions were made as the trends that the predictions were based on.
And the prediction I was referring to, more precisely, was that oil prices would skyrocket by 2000 and then would never come back down again but continue to rise.
They weren't "mitigated". Nobody took action based on those predictions in order to keep them from coming true. People just continued to improve technology and continued to have fewer children as their standard of living rose--trends that were just as observable when the predictions were made as the trends that the predictions were based on.
> oil prices did skyrocket in 2000s
Sort of, but then they came back down again:
https://www.macrotrends.net/1369/crude-oil-price-history-cha...
And the prediction I was referring to, more precisely, was that oil prices would skyrocket by 2000 and then would never come back down again but continue to rise.