[Eclectica]

The most ancient of Earth's oil began 3.2 Billion years ago. (Not 1 billion—sorry).

http://www.science-frontiers.com/sf119/sf119p08.htm

[xcamel]

How much time did you waste finding that drivel?

It has long since been debunked and explained by tectonic folding and injection, and especially glacial compression.