petrostate

English

Etymology

From petro- +‎ state.

Noun

petrostate (plural petrostates)

1. A state whose wealth stems from the sale of oil.
   • 1997, Fernando Coronil, The magical state: nature, money, and modernity in Venezuela:

     Under subsequent democratic regimes, as we shall see, some of these features of the petrostate were to change, while others were intensified.

   • 2006, Donald S Rothchild, Edmond Joseph Keller, Africa-US Relations: Strategic Encounters:

     The petrostate relies on oil as its fiscal foundation, rather than on the taxes paid by the citizens […]

   • 2009, Andrew Nikiforuk, Tar Sands: Dirty Oil and the Future of a Continent:

     A couple of years ago, while most Canadians were out shovelling the sidewalk or sipping a coffee at Tim Hortons, the nation quietly became a petrostate.

   • 2023 December 1, Damian Carrington, Nina Lakhani, Oliver Milman, “Cop28 diary: expensive coffee, cheesy slogans and petrol fumes”, in The Guardian‎^[1], →ISSN:

     Most delegates arriving at Cop28 will have entered the desert city of Dubai along a 12-lane highway, reeking of petrol fumes: welcome to the petrostate of the United Arab Emirates.