This tendency of feeling good in the moment and allowing that burst of inspiration to positively color your future projections is called affective forecasting.
And even better this time around when the price of oil inevitably comes down again in the future, the state's economy is well diversified enough to weather through the storm unlike in the past.
It was " the whole community" that mattered, Peel wrote in his memoirs, and whether " cheapness and plenty are not (better) ensured for the future" by free trade than by protectionism.
Our ability to mute our hard-wired reactions by pausing is what differentiates us from animals: dogs can think about the future only intermittently or for a few minutes.
De Plaen points out that this finding may be one of the only positive things to come out of the global pandemic: the ability to better detect future earthquakes.
OPEC's market-share strategy last time round helped discipline America's oil producers, pushing them to become more efficient and therefore more resistant to future squeezes.