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Give one reason why petroleum is called ‘black liquid gold’ or ‘liquid gold’.

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Question

Give one reason why petroleum is called ‘black liquid gold’ or ‘liquid gold’.

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Solution

Petroleum is called ‘liquid gold’ because of its immense commercial value and indispensable role in driving the global transport, energy, and chemical industries.
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Chapter 9: Mineral and Energy Resources - Part II - Exercises [Page 206]

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Austine Vas, Hemant M. Pednekar, Vidhya Malar Geography Our Earth [English] Class 10 ICSE
Chapter 9 Mineral and Energy Resources - Part II
Exercises | Q IV. 3. | Page 206
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