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Line 5: − It is likely that one of the moons of [[Saturn]], [[Titan]], contains a large quantity of liquid hydrocarbon<ref>http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=56480</ref><ref>http://www.newscientist.com/article/mg18725073.000</ref>.
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'''Peak oil''', as theorized by opponents of [[fossil fuels]] usage, is the point at which when global [[oil]] production will reach a peak or maximum, from which they say it will begin an irreversible decline.
'''Peak oil''', as theorized by some geologists and popularized by opponents of [[fossil fuels]] usage, is the point at which when global [[oil]] production will reach a peak or maximum, from which it will begin an irreversible decline.
Global oil production will peak sometime between 2008 and 2018 and then decline, according to a controversial new model developed Swedish University of Uppsalla physicist Fredrik Robelius.<ref name=Fox20060418>Melinda Wenner [http://www.foxnews.com/story/0,2933,266764,00.html Study: 'Peak Oil' Will Be Reached by 2018] April 18, 2007 [[Fox News]]</ref> According to a recent U.S. Government GAO report, world oil production will peak between now and 2040<ref>[http://www.energybulletin.net/28016.html Coverage of the GAO peak oil report] Energy Bulletin, Mar 29, 2007</ref>
Global oil production will peak sometime between 2008 and 2018 and then decline, according to a controversial new model developed Swedish University of Uppsalla physicist Fredrik Robelius.<ref name=Fox20060418>Melinda Wenner [http://www.foxnews.com/story/0,2933,266764,00.html Study: 'Peak Oil' Will Be Reached by 2018] April 18, 2007 [[Fox News]]</ref> According to a recent U.S. Government GAO report, world oil production will peak between now and 2040<ref>[http://www.energybulletin.net/28016.html Coverage of the GAO peak oil report] Energy Bulletin, Mar 29, 2007</ref>
==Additional oil resources==
==Additional oil resources==
Michael Lynch, president of Strategic Energy & Economic Research, an energy consultancy firm that works for oil companies, says "Not much can be said about additional oil resources because we haven't really started looking for them yet." <ref name=Fox20060418/> There is likely to be a lot of oil in as-yet undiscovered smaller fields.
Michael Lynch, president of Strategic Energy & Economic Research, an energy consultancy firm that works for oil companies, says "Not much can be said about additional oil resources because we haven't really started looking for them yet." <ref name=Fox20060418/> There is likely to be a lot of oil in as-yet undiscovered smaller fields.
==New Technologies==
==New Technologies==