Science, asked by susmitabhp, 4 months ago

why petroleum is called 'liquid gold' ?​

Answers

Answered by HMChaudry1592
1

Explanation:

hi

Petroleum is known as Liquid Gold because of its high value in the market. It also serves directly or indirectly as a source for many organic products which are useful to humans. Like gold, it is expensive and difficult to find.

M#

Answered by 5honey5
1

Question :-

why petroleum is called 'liquid gold' ?

Required Answer :-

  • Petroleum is present in abundant quantity in the some regions. The people over there are engaged in petroleum factories and industries and it is mainly the source of income for most of the people. Hence, Petroleum provides most of the economic wealth to the people of some regions. So it is considered as Liquid gold because of its economic value and its use in economic activities.

  • Petroleum is known as Liquid Gold because of its high value in the market. It also serves directly or indirectly as a source for many organic products which are useful to humans. Like gold, it is expensive and difficult to find.
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