Which of the following statements accurately explains why oil became a preferred fuel for the railroad and shipping industries

Oil became a preferred fuel for the railroad and shipping industries because it was more efficient and cost-effective than other fuel options such as coal and wood. Oil could be easily transported and stored, and it provided greater energy density, allowing trains and ships to travel longer distances without needing to refuel as frequently. Additionally, the availability of oil reserves and advancements in technology for oil extraction and refinement made it a readily accessible and reliable fuel source for transportation.