Data from Nasa's mission to find out whether there are useable amounts of water on the Moon is promising.
There is plenty of frozen water on the Moon, plus frozen gases such as methane, oxygen and hydrogen that would be useful for making rocket fuel. This will be helpful to the Chinese and the Indians when they start to build their bases on the Moon.
The United States is not going back to the Moon. That plan died last February when President Barack Obama cancelled the first new US launch vehicles in 25 years, the Ares series of rockets. That put an end to Nasa's hopes of returning to the Moon by 2020 and building bases there for further manned exploration of the solar system.
Obama promised to support the development of commercial manned spacecraft instead, but those will only be capable of low-orbit operations for the foreseeable future. General Charles Bolden, the current head of Nasa, chimed in loyally with talk of a glowing future for the agency.
"Imagine trips to Mars that take weeks instead of nearly a year; people fanning out across the inner solar system, exploring the Moon, asteroids and Mars nearly simultaneously in a steady stream of 'firsts'," he burbled. "That is what the President's plan for Nasa will enable, once we develop the new capabilities to make it a reality." Yes, and if we had some ham we could have ham and eggs, if we had some eggs.
In reality, it looks like the US has already passed its Tordesillas moment (and so has Russia). As is so often the case, those who start out ahead in the race fail in the stretch, and others finish first.
The Treaty of Tordesillas, signed in 1494, two years after Christopher Columbus became the first European to land in the Americas, divided the newly discovered lands beyond Europe between Spain and Portugal along a meridian just west of the Cape Verde islands. It was immensely arrogant, of course, but there were no other countries in the business of maritime exploration at the time.
Within 100 years, the English, the French and the Dutch had piled in, too, and Spanish and Portuguese power was falling fast. In the end, England's success in appropriating large amounts of valuable territory led to English becoming the dominant world language.
This is neither a good nor a bad outcome, but it is certainly a significant one and it has some relevance to the current situation.
The recent confirmation by Nasa that there is plentiful water as well as hydrogen, methane and ammonia available in frozen form in the lunar soil means that lunar bases are a viable option - and lunar bases are essential to any realistic programme that aims to go to the other planets of this system.
You can move beyond traditional rocket fuels and come up with a fancy new system to provide the energy to drive your space ships, but you still have to have reaction mass.
That will account for at least 90 per cent of the weight of any vessel that ventures beyond near-Earth space, and as long as you have to haul your reaction mass all the way up from Earth's immensely deep gravity well, space flight is going to remain cripplingly expensive.
If you could get it on the Moon, on the other hand, you would be dealing with only one-sixth of the Earth's gravity. What the recent mission shows is there is not just reaction mass there but the raw materials with which to make conventional rocket fuels and enough water, the heaviest element in any life-support system, to make human bases there a practical possibility.
But they are not likely to be US bases, nor Russian ones, either. Both programmes have run out of fuel and are now restricted to near-Earth operations as far as manned trips are concerned.
So are Chinese and Indian operations, so far, but the ambition is there and the money will be. Both China and India have already put unmanned space vehicles into lunar orbit and China has already carried out manned flights in Earth's orbit. These are probably the countries that own the future in space.
* The updated and expanded second edition of Gwynne Dyer's latest book, Climate Wars, is published in New Zealand by Scribe.