Shale-gas discoveries elsewhere in the world are dragging down the price of gas, and the oil price is unlikely to rise as fast in the future as it has in the past.
He told BBC News that the types of changes that will happen in the future have already happened in the past.
I, for one, am extremely dubious about the likelihood that this approach would work any better in the future than it has in the past because it is hard to believe that Congress will provide the necessary funding to make it work.
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Why are we not investing in the energy sources of the future, just the ones in the past, particularly if the energy sources of the past are highly profitable right now and don't need a tax break?
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Fourth, the SEC will be no more effective in the future than it has been in the past.
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He even scooped up 7 million Microsoft shares last summer after senior executives at the software giant told him that options issuance in the future will be lower than in the past.
There is also a likelihood that Wales may not secure the same level of European funding in the future that we've had in the past according to Mr Hillier.
For the most part, these are based on the assumption of stability: that things in the future will be like they were in the past.
The analysis in this paper assumes that the gains from productivity growth will be more broadly shared in the future, as they have been in the past.
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Even if the market for executives functions better in future than in the past, when it comes to pay, the only rational way is up.
These pioneers are all around us -- the entrepreneurs and the inventors, the researchers, the engineers -- helping to lead us into the future, just as they have in the past.
We will change just as much in the future as we have in the past, regardless of age, gender, and economic standing.
We are clearly entering into a new era where pensions will have to act a lot smarter in the future than they have in the past.
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If we, as human beings, continue to act as predictably in the future as we have in the past, markets should trend higher, with the occasional sell-off or correction.
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"Huawei has no connection to the cyber-security issues the US has encountered in the past, current and future, " he told the reporters.
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Mr. Obama reportedly began intensive meetings on the future of Afghanistan in the past few weeks.
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But the reporters who are here today and the reporters who have been here in the past and will be in the future from regional and local media ask the questions that are on their minds.
While the technology that goes into the console is definitely of the future, the idea behind the PS4 is rooted firmly in the past.
But even downloading, which opens the intriguing question of whether you own or lease a digital file (more on that in a future column), may be a thing of the future past: left in the dust as streaming becomes ever more available, reliable, and cheaper.
And by definition, that will create a situation where we have greater energy security in the future than we have had in the past.
The latest quirk to be examined is momentum, or the tendency for stocks that did well in the past to do well in the future.
If there is reason for hope that the UN will prove capable in the future of improving upon its past, generally dismal record when it comes to dealing with the world's ills, it lies in America being represented there by an exceptionally principled, articulate and energetic advocate for our cause.
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"Winning the World Cup in 1966 will stay with me forever, but it's time to look to the future, not the past, " he said in a statement.
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In Aymara, spoken in South America, the future is behind and the past in front.
The document also suggested that the authority believes it has a 12-year retrospective window in which to make a claim and the council believes it can offset overpayments in the past against future ones.
And yet the relation between economic data - which are often imperfect, and can only represent the state of an economy as it was some time in the past - and the future is tenuous at best.
As the brain does not have direct contact with the world, but only an image of the world on the retina which is ambiguous, it has to call on the statistics of how it behaved in the past to understand how to behave in the future.
Last week the journal Science published news of a fascinating psychological study, involving 19, 000 people ages 18 to 68, in which subjects consistently underestimated the degree to which they would change in the future, even though they knew how much they had changed in the past.
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"We are going to pay a homage to the athletes, of course, as we always have done in the past and will do in the future, " he said.
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