... when demand is being destroyed by expensive oil just as expensive oil is incentivising increased production - it should come as no surprise that at some point the markets would react.

An object is not first imagined or thought about and then expected or willed, but in being actively expected it is imagined as future and in being willed it is thought.

We cannot therefore say that mental acts contain a cognitive as well as a conative element.

Both expectations and memories are more than mere images founded on previous experience.

Hence, in desiring, the more the enjoyment is delayed, the more fancy begins to weave about the object images of future fruition, and to clothe the desired object with properties calculated to inflame the impulse.

Thus the same object may supply a practical perception to one person and a speculative one to another, or the same person may perceive it partly practically and partly speculatively.

An expectation is a future object, recognised as belonging to me.