Oil is called Black oil because it is really valuable and you use it for many things it is for some people really like thy found Gold. So it is called Black Gold
because it is so 'useful' for example we use them in cars, and also because it is so rare like gold
No, gold is not cheap anywhere. that is why it is so expensive....and shiny! : )
Black gold is a term that refers to crude oil or petroleum. When people would discover oil on their property, it usually made them rich, so it was like finding gold.
Black gold got its name because it was popular like gold and lots of people wanted it and it was black so that is how it got its name.
because of how many karats of gold like 24 karats is very expensive and 12 karats is cheaper
It makes the UAE richer, like when you trade something, you get money in exchange. So oil is very expensive, so it makes the UAE richer and more famous.
It's a sort of vicious circle. Gold is expensive so it is much in demand. So gold is extracted from rocks where it forms an ounce or less in every ton of rock - which is expensive! Iron is not so rare and is easier to extract.
Of course gold is worth more than oil if that is your question. But you cannot burn gold. So it depends on what your needs are.
White gold can cost a little more than yellow gold but not prohibitively so.
THEY ARE SO EXPENSIVE BECAUSE EXPENSIVE PERFUME HAS A CERTIAN AMOUNT OF NATURAL INGREDIANTS WHICH IS VERY EXPENSIVE actually, its because the expensive perfumes usually contain musk oil.
petroleum is called liguid gold because of it valua .there are lots of activities done with it like trasportation etc.their is no replica of this so...... n expensive n exhaustable too .