oil is reffered to as black gold because it is very dark in color and is worth a lot of money. it makes things such as fuel and plastic
Oil will worth a lot more then [sic] gold because oil is hard [sic] to get then [sic] gold. The question needs to be restated because it's not meaningful. Oil and gold are both commodities but they have very different uses and are priced very differently. Oil is priced by volume and gold by weight. Each has an intrinsic worth in its own part of the economy but they're not at all comparable: you can't put gold in the crankcase of a car, and you can't make jewelry out of oil, for example.
once you have the saddle from the lady at rock ridges i think you trade it for a gold pan then you go to the gold mined and get some gold. after wards you go back to the barder shop and trad the gold pan for the oil can
It fluctuates depending on the market- up and down. I can tell you that black hills gold has more cosmetic value to the right buyer though- people love it because it looks really nice and that sells. Keep in mind that Black hills gold contains copper and silver usually
The Black Market officially began during World War II. The Black Market was illegal, even back then. The official year it began was 1939. The Black Market is still referred to today, in 2014.
There are 20 pennyweights also referred to as DWT in an ounce. There are also 31.1 grams in an ounce.
oil
oil
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.
Black Gold is often referred to as "Texas Tea" due to the state's prominence in oil production.
Oil is often referred to as black gold because of its high value and importance as a crucial natural resource in the global economy. Its black color and the wealth and power it represents have led to this nickname.
Because oil is worth a lot of money, just like gold, and it is black, hence the term, "Black Gold"
Oil, also known as petroleum, is commonly referred to as black gold due to its economic value and importance in fueling various industries.
Oil is often referred to as "black gold" due to its economic value and significance as a valuable natural resource that is essential for powering modern industries, transportation, and other sectors of the global economy.
Petroleum is called "black gold" because of its value, versatility, and economic significance, similar to that of gold. It is also referred to as "crude oil" because it is a natural, unrefined oil extracted from the earth, before being processed into various petroleum products.
Oil is sometimes referred to as "black gold" because of its high value and economic importance, similar to that of gold. Just like gold, oil is a finite resource that is in high demand and can fetch high prices in the market. Additionally, its dark, viscous appearance and its association with wealth contribute to the comparison with gold.
No, What I think is that, the oil is called Black Gold. This is because of its appearance when it comes out of the ground, and gold because it made prospectors, drillers, and oil industry men rich.
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.