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  1. Its becoming more and more scarce
  2. It comes from the Middle East and in case you havent noticed, thers a war there.
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Q: Why is the crude oil so valuable?
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Related questions

What valuable liquid is plastic made from?

Most plastics are made from crude oil derivatives.


What does Iranian crude mean?

It refers to Iranian crude oil, so it is oil from Iran.


What is the nature of crude oil?

this basically means wha is crude oil? so... have fun!


Are plastics from crude oil biodegradable?

No because crude oil does get to the surface so there are bugs that destroy it.


What is the shape of crude oil?

Crude oil is a liquid, so it takes the shape of whatever container it is in.


Why did the oil businesses change after drake found oil in Pennsylvania?

because it turned crude oil into kerosene an by adding gasoline made oil more valuable


Why did the oil business change after Drake found oil in Pennsylvania?

because it turned crude oil into kerosene an by adding gasoline made oil more valuable


What is the mixture called when crude oil and petroleum come straight from the ground?

"Petroleum" products are distilled from crude oil, so what comes out of the ground is crude oil.


How long does crude take to form compared to regular oil?

Crude oil is regular oil. It is the raw oil extracted from the earth. It is referred to as crude as it must be refined so its components can be used.


What are the crude oil components and the percentage of each item?

The term, "crude oil" is a non-scientific one that eludes folks to believe that one crude is like other crudes. Not so. Each crude is unique, and therefore it can't be stated that "crude contains" so and so a percentage of this or that compound.


How does ocean act as a resource?

ocean provides many things such as crude oil, natural gas, sea food, pearls and many other so it is considered as a valuable resource


What is the melting point for crude oil?

the Melting point depends on different types of Crude oil.. Crude oils are of different types ..so there is no specific Boiling point