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Why is petroleum called black gold?...

Why is petroleum called black gold?

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**Step-by-Step Solution:** 1. **Understanding the Term "Black Gold":** - Petroleum is often referred to as "black gold" due to its high economic value and importance in modern society. The term reflects its significance as a valuable natural resource. 2. **Geological Formation:** - Petroleum is found in geological formations beneath the Earth's crust. It is formed from the remains of ancient marine organisms that have been subjected to heat and pressure over millions of years. ...
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