The price of crude oil takes into account the time and effort that went into creating it in nature ?true or false?
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the statement is true
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True. The price of crude oil takes into account the time and effort that went into creating it in nature.
Crude oil is an important fossil fuel. It is a source of liquid fuel that is located underground and can be extracted by drilling.
This, it takes a lot of time and effort which is reflected in its pricing in the market.
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