Is there an oil shortage?or isn’t there? We recently put up a report by an economist who says that the world is NOT running out of oil. Now NASA says that there is plenty of methane on Saturn?s moon Titan that is “not biological.” Does this mean that oil?which has always been called a “fossil fuel,” is not biological either, but is continuously being created by geological processes deep within the Earth?
WorldNet Daily reports that NASA scientists say there is a large amount of methane on Titan. Since there has never been life on this moon, this methane is not caused by the disintegrating corpses of prehistoric creatures, as oil on Earth is presumed to be, but must instead have a geologic origin. If this is the case, then oil is being continuously manufactured deep within the Earth as well, and while we may run short, if demand exceeds supply, we will not run out of oil.
This information comes from a Gas Chromatograph Mass Spectrometer on the Cassini-Huygens probe that landed on Titan January 14.
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