Mr. Obama is correct that overall domestic energy production is up, thanks largely to the shale boom in states like Pennsylvania and North Dakota.

WSJ: Review & Outlook: Energy in the Executive

If the theory of man caused global warming is correct, then the energy escaping back out should be less than the energy entering, as the greenhouse gases capture some of the energy in the atmosphere.

FORBES: Fakegate: The Obnoxious Fabrication of Global Warming

Fourth, support for clean energy is designed to correct a market failure.

FORBES: The Case For A Green Bank

In the long run, if the projections of the US Energy Information Administration are correct and gas fired generation continues to grow rapidly, then there is little question the market rules need to be modified to assure reliability and spur more pipeline capacity and flexibility.

FORBES: Electricity and Gas Markets Are Out Of Synch: Sooner or Later, This Will Hurt Us

But oil prices have to correct when economies slow down, or else high energy costs drag things down even further.

FORBES: Falling Oil Prices: Worrying Trend Or Saving Grace?

If they are correct, it would explain the newly observed abundance of high-energy positrons.

ECONOMIST: Two new ways to detect the elusive stuff of the universe

The idea of energy limits, in particular running out of oil, is no longer in fashion or correct.

FORBES: The International Energy Agency Catches Up With America's Oil Producers