2007-01-26 04:19:55 · 17 answers · asked by Judy N. (the One and Only!) 2 in Science & Mathematics ➔ Earth Sciences & Geology
Striking oil (which in its natural state is black) on your land is about as good financially for a person as striking gold.
This is why it was given that nick name back in the 1930's-40's.
This nick name was made popular again when the TV show The Beverly Hillbilly's started and included the name in its theme song.
To this day people still occasionally refer to this nick name and there you have it.
2007-01-26 04:33:42 · answer #1 · answered by jeff s 2 · 0⤊ 0⤋
Black Gold because there is a world wide big demand for oil & there is a great deal of money made from investment in oil industry.
2007-01-26 04:26:52 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Oil is black. As far as the gold bit is concerned, well take a look at any of the countries rich in oil trading bussiness, you can't miss the reason why it is referred to as gold! :D
2007-01-26 04:29:12 · answer #3 · answered by Usman 2 · 0⤊ 0⤋
Because back in the day, just like with the gold rush, people where getting mega rich. They were finding oil everywhere and there were rushes on it just as there were back in the gold rush days. In them days it was in such mass supply you could get rich easily by finding it just as finding some gold would make you rich way back when.
2007-01-26 04:31:15 · answer #4 · answered by rayallen47567 3 · 0⤊ 0⤋
"...Black gold...Texas tea..." In the theme from The Beverly Hillbillies--poor people struck it rich by striking oil.
Oil is valuable--like gold, so some people call oil black gold.
2007-01-26 04:26:18 · answer #5 · answered by Holiday Magic 7 · 0⤊ 0⤋
Although the origins of the phrase is due to the fortunes made by those lucky enough to drill a successful well, the reason most people know the phrase is from the opening theme song from the "Beverly Hillbillies".
2007-01-26 04:25:43 · answer #6 · answered by Dr.T 4 · 1⤊ 0⤋
Well why do they say Texas Tea? I mean is tea the income for Texas? I was born there and was not aware of that.
Black gold, becuase oil is worth alot of money, when you strike it, you will be rich.
2007-01-26 04:28:44 · answer #7 · answered by Brandy 4 · 0⤊ 1⤋
Oil are very essential in our life.I am talking about Natural
oil,Its basically black.we are doing process lot of solvents
are made.No wastage all are can usable.No dought,Its
Black Gold.
2007-01-26 04:32:45 · answer #8 · answered by VENKATARAMAN K 2 · 0⤊ 0⤋
It is worth a lot of money...like gold, but it is black.
2007-01-26 04:23:00 · answer #9 · answered by Emily B 4 · 1⤊ 1⤋
Because it is black and because worth alot of money, hence black gold!
2007-01-26 04:22:52 · answer #10 · answered by Bruce LeBrun Jr,CPC 1 · 1⤊ 1⤋