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Petroleum is a naturally occurring, yellow-to-black liquid found in geological formations beneath the Earth's surface, which is commonly refined into various types of fuels. Components of petrol...

Why is petroleum called black gold? - Quora


Aug 1, 2013 ... Crude oil is very dark brown/black color and makes people lots of money, In the early days there was a rush to get it out of the ground just like ...

pls explain. Petroleum is also known as Black Gold - Learnnext


We have a few videos on "Mineral and Power Resources" of Class VIII Geography. Watch it for your reference - to find an answer to this question. HD 8: 12.

Why crude oil is called black gold - Answers.com


because it is so 'useful' for example we use them in cars, and also because it is so rare like gold.

Black gold, Texas tea | Tortoise - Uncovering North American Energy


Crude oil (petroleum), as well as natural gas and coal, are called fossil fuels because they are the byproducts of fossilized plant, animal and diatomic (made of ...

Crude oil - BLACK GOLD - SlideShare


Jul 1, 2013 ... CRUDE OIL $ Black Gold $ Made By : Jaskaran S. Kohli. ... An international body called OPEC controls the pricing of oil all throughout the ...

Crude Oil Definition | Investopedia


Although it is often called "black gold," crude oil has ranging viscosity and can vary in color to various shades of black and yellow depending on its hydrocarbon  ...

why is petroleum called black gold | Meritnation.com


Because oil is very expensive, useful, and valuable in our world And the color of oil is black so "Black gold"

What is black gold? - Times of India


Feb 27, 2011 ... Black gold is a term applied to oil or petroleum, which is black when it comes out ... Soon western Pennsylvania became an important oil-producing area, ... at Rs 4,599 · Oil edges higher in Asia but US crude stays below $40 ...

Black Gold: U.S. States Where Oil Is King | OilPrice.com


The U.S. has succeeded in lifting its oil production to over 8 million barrels per day, the highest ... Crude oil prices today - Oilprice.com ... By Nick Cunningham - Jun 27, 2014, 4:25 PM CDT Black Gold: U.S. States Where Oil Is King .... Our top 4 picks for 2016-17, including a little-known energy stock that could explode for a  ...

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Price of Petroleum (Crude Oil) - Hypertextbook


"In the 1970s, OPEC was able to raise the world price in crude oil from $1.40 to ... Crude oil is sometimes called "black gold" because of its scarcity on the Earth.

Fossil fuel is black gold - tribunedigital-mcall


Mar 11, 2012 ... Black gold – that's what people sometimes call crude oil. The term, actually, was first used to describe coal. Either way, it's an apt metaphor. Oil ...

Black gold (liquid) - Encyclopedia - The Free Dictionary


petroleum,. oily, flammable liquid that occurs naturally in deposits, usually beneath the surface of the earth; it is also called crude oil. It consists principally of a ...