We are told in 2 Peter 3 about the tendency in the last days for people to disbelieve God's promises, preferring a stability in the processes of the universe (uniformitarianism). Peter refers to the Creation and the Flood as being factual in our history: "For this they willfully forget: that by the word of God the heavens were of old, and the earth standing out of water and in the water, by which the world that then existed perished, being flooded with water" (2 Peter 3:5, 6).
The Greek words seem to better support the NASB and NIV versions that the "earth was formed out of water and by water," which is consistent with water being the only substance mentioned for Creation days one and two. Dr. Humphries used that interpretation to calculate magnetic moments for the sun and planets of our solar system, based upon initial alignment of proton spins at Creation, followed by exponential decay of the magnetic moments during the several thousand years since Creation.
He thereby successfully predicted the magnetic moments of Uranus and Neptune long before they were measured by the Voyager II spacecraft. Such calculations reveal one of many properties of our solar system (and presumably other star systems) that is better explained by Creation rather than evolutionary nebular hypotheses.
Day 2, Words, Heavens, Stretched, Atmosphere, Magnetic, Ending