Social Sciences, asked by kranti3, 1 year ago

why is petroleum called liquid gold

Answers

Answered by Mayu1920
2
There are several reasons for it :-
1. It is extremely useful .
2. It can be used to make other useful items like kerosene, Tec.
3. It is not easily available everywhere.
4. It is excellent fuel.
5. It is of great value all over the world.
6. It is major source of income for many countries.
7. It has high export value.
Answered by riteshraj7876
0
Petroleum called liquid gold because of its high price and value and its economic "need"
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