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Oil is often refered to as black gold.

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14y ago

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Which is called the black gold coal or petroleum?

Petroleum is often referred to as "black gold" because of its economic value and significance as a highly sought-after natural resource. Coal is not typically referred to as black gold.


What is the nick name of Black Gold?

Black Gold is often referred to as "Texas Tea" due to the state's prominence in oil production.


Which mineral is called black gold?

Petroleum is often referred to as "black gold" due to its high economic value and importance as a fuel source.


What is referred to as black gold?

oil


What is black gold referred to?

oil


Why oil is referred to as black gold?

Oil is referred to as "black gold" because of its high value and economic importance, similar to gold. It is also called black gold due to its dark color and the wealth it generates for those who extract and sell it.


Petroleum is called as black gold because?

Petroleum is called black gold because of its economic value and importance in global trade. It is often referred to as "black" because of its color and "gold" due to its high demand and profitability in the energy industry.


A bar of gold is called?

A bar of gold is often referred to as a gold ingot.


Is petrol called liquid gold?

Crude oil, from which petroleum is derived, is referred to as 'black' gold. Liquid gold is often used to refer to certain alcohols with an amber hue like beer, cider, whiskey and brandy


Why is coal often referred to a black gold?

Oh, dude, coal is called black gold because, like, it's valuable and stuff. It's not actually gold, obviously, but it's like super important for energy production and stuff. So yeah, it's like the black version of gold, but not as shiny or fancy.


What is gold 's nickname?

Gold is often referred to as "the precious metal" due to its rarity, durability, and value.


Which is the spice referred as black gold by the europeans?

Pepper is the spice referred to as "black gold" by Europeans. It was highly valued and sought after for centuries due to its pungent flavor and preservative properties, leading to its high cost and esteemed status.