Since the outbreak of war, there has been in our country a steady increase in the consumption of spirits, wine and beer. It is estimated that in dollar volume, the annual outlay is now practically double what it was before the war. ↗
Government experts have estimated that ANWR reserves would only provide enough oil for six months of U.S. oil consumption. In addition, the oil industry itself has estimated that it would take 10 years to bring this oil to the market. ↗
Since the Pentagon underestimated the number of troops required after the end of hostilities, we were not prepared to prevent looting or to guard hundreds of weapons dumps spread throughout the country. ↗
There's no one in the world close to Arnold Schwarzenegger. He is a phenomenon. He's brilliant. Just because his physique belies that, don't underestimate him. ↗
People always underestimate the impact of technology. To give you an example: In the 1970s the frontier for offshore development was 200 meters, today it is 4,000 meters. ↗