I do wonder, if NASA said they found oil on another planet or moon what the reaction would be. After all it would be a sign of past life on that planet, though I feel that alot would see it as a opertunity to claim more oil.
I just hope the first aliens we encounter are not plant based or they will take one look at us and our use of there dead relatives and it will not go well. Food for thought.
Unless it was economic to extract the oil and return it to earth (which it would not be) the discovery would be mostly of a scientific nature. However, finding hydrocarbons on the moon would be a good thing insofar it would provide a ready energy source for any future moon-based operations.
The reason oil is so popular is because it is so useful. Anything useful is in high demand. There's no need to get hysterical about it.
I just hope the first aliens we encounter are not plant based or they will take one look at us and our use of there dead relatives and it will not go well. Food for thought.