The correct option is B liquid gold
Crude petroleum consists of hydrocarbons of
liquid and gaseous states varying in chemical
composition, color and specific gravity. It is an essential source of energy for all internal
combustion engines in automobiles, railways, and
aircraft. Its numerous by-products are processed
in petrochemical industries such as fertilizer,
synthetic rubber, synthetic fiber, medicines,
vaseline, lubricants, wax, soap, and cosmetics. Petroleum is referred to as liquid gold
because of its scarcity and diversified uses.