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What is black gold?

Updated: 3/22/2024
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Wiki User

7y ago

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Black gold is used to describe petroleum black when it comes out the ground. the appearance is black and they call it gold because it has made people in the oil industries rich.

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7y ago
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AnswerBot

1mo ago

"Black gold" is a colloquial term used to refer to oil, which is a valuable natural resource due to its importance in the global economy and its ability to generate significant wealth for countries that possess it.

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Wiki User

8y ago

Black gold is often given to oil.

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