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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.

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Q: Why is Petroleum is often called black gold?
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Related questions

Which is called the black gold coal or petroleum?

Coal is Black gold


Which liquid is called as black gold?

petroleum


Which thing is also called 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


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.


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 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 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 !


Black gold is also the name for?

Petroleum, also known as crude oil, is sometimes called black gold because of the enormous amount of money that is spent on 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


When was black gold commonly used- time period?

Black gold was commonly used in the early 1900s. Black gold is really petroleum and was at its peak at the beginning of the industrial revolution. The reason it was called black gold is because those who discovered it struck it rich.