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because its expensive and it is the colour black

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Q: Why do people call petroleum black gold?
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Why is petroleum called black gold?

because when crude oil is extracted from the land it is black in color. People call it gold because of its oils and value . It is very difficult to find. So it is called Black Gold.


Is black gold ar fossil fuel?

Yes black gold is the fossil fuel.We mention petroleum as black gold.Because both petroleum and gold are expensive.


Which is called the black gold coal or petroleum?

Coal is Black gold


Why petroleum is known as black gold?

Petroleum is known as "Black Gold", cause it's Black and it's worth a lot and is indispensable for the human civilization !


Why is Petroleum is often called black gold?

They often call it this because of oils value. Back in the day, oil was harder to find and when you did find it, they say its like you struck gold, hence black gold.


What is black gold?

"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.


What is the best definition for this description black gold?

"Black gold" is a term used for petroleum.


What hydrocarbon is known as black gold?

petroleum


Which liquid is called as black gold?

petroleum


Petroleum is called as black gold because?

As petroleum is digged in the earth it is black in colour and it is very popular so it is compared to an gold then it becomes blackgold


Which thing is also called black gold?

petroleum


What term best fits this definition black gold?

Black gold is a term that refers to crude oil or petroleum. When people would discover oil on their property, it usually made them rich, so it was like finding gold.