http://www.scientificamerican.com/article.cfm?id=fossil-fuels-without-the-fossils
The fundamental problem with the old earth origin of petroleum is that it required billions of years to accumulate from life that originated from abiogenesis. The odds of life happening on their own over long periods of time can be ruled out entirely. Also given that the early suns output was insufficient to warm the earth above freezing (faint sun paradox) prevented enough organic matter from being deposited to form the observed oil deposits harvested in recent times. Modern oil discoveries have happened with the abiotic theory of oil production and it is consistent with young earth hypothesis. Check out the link at the end.
abyssal, abiotic petroleum is gaining momentum again.
"Statistical thermodynamic analysis has established clearly that hydrocarbon molecules which comprise petroleum require very high pressures for their spontaneous formation, comparable to the pressures required for the same of diamond. In that sense, hydrocarbon molecules are the high-pressure polymorphs of the reduced carbon system as is diamond of elemental carbon. Any notion which might suggest that hydrocarbon molecules spontaneously evolve in the regimes of temperature and pressure characterized by the near-surface of the Earth, which are the regimes of methane creation and hydrocarbon destruction, does not even deserve consideration."
Professor Emmanuil B. Chekaliuk, at All-Union Conference on Petroleum and Petroleum Geology, Moscow, 1968.
"The eleven major and one giant oil and gas fields here described have been discovered in a region which had, forty years ago, been condemned as possessing no potential for petroleum production. The exploration for these fields was conducted entirely according to the perspective of the modern Russian-Ukrainian theory of abyssal, abiotic petroleum origins. The drilling which resulted in these discoveries was extended purposely deep into the crystalline basement rock, and it is in that basement where the greatest part of the reserves exist. These reserves amount to at least 8,200M metric tons of recoverable oil and 100B cubic meters of recoverable gas, and are thereby comparable to those of the North Slope of Alaska. It is conservatively estimated that, when developed, these fields will provide approximately thirty percent of the energy needs of the industrial nation of Ukraine."
Professor Vladilen A. Krayushkin, Chairman of the Department of Petroleum Exploration, Institute of Geological Sciences, Ukrainian Academy of Sciences, Kiev, and leader of the project for the exploration of the northern flank of the Dnieper-DonetsBasin, at the VII-th International Symposium on the Observation of the Continental Crust Through Drilling, Santa Fe, New Mexico, 1994.
http://www.csun.edu/~vcgeo005/Energy.html
I would like to talk about the faint sun paradox.
The Scientific American article does not support a young earth at all. Yes, non-biogenic oil can form from organic hydrocarbons, however, the amount is extremely small and absolutely none that is of commercial importance. The Russian article is heavily flawed and is essentially garbage, it is not supported by the scientific community in the least.
Concerning the comment, "The fundamental problem with the old earth origin of petroleum is that it required billions of years to accumulate from life that originated from abiogenesis", no scientist makes any such claim.
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