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.
Explanation:
Crude oil comes out of the ground as black, so it is called as black gold. Actually, any business which provides a lot of money is known as Goldmines. As both Coal & Petroleum handles lot of money so they called as Black Gold. Crude oil comes out of the ground as black, so it is called as black gold
Answers & Comments
Answer:
Petroleum is also known as 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.
Explanation:
Crude oil comes out of the ground as black, so it is called as black gold. Actually, any business which provides a lot of money is known as Goldmines. As both Coal & Petroleum handles lot of money so they called as Black Gold. Crude oil comes out of the ground as black, so it is called as black gold