Why is petroleum considered liquid gold???
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It is called liquid gold in Saudi Arab because petroleum is in the obtained in the form of liquid and since it is as precious as gold therefore it is called liquid gold .Oct 18, 2015
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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 known as liquid gold because petroleum is in the obtained in the form of liquid and since it is as precious as gold therefore it is called liquid gold . Basically it is known to be liquid gold in Saudi Arab.
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