Why is Petroleum Referred to as Black Gold

Answer: Typically, petroleum is discovered in geological formations under the earth’s crust. When liquid petroleum is extracted from the ground, it is referred to as crude oil. The moniker “black gold” suggests that this substance is crucial to human survival. Because of its oil and value, it is often referred to as gold.

• It is used in the production of medicines, plastics, petroleum, synthetic textiles, etc., thus the name “black gold”

• Petroleum is a liquid-state, naturally occurring substance

• The colour is either yellow or black

• These include LPG, butane, gasoline, jet fuel, Kerosene, fuel oil, diesel fuel