petrogarch

English

Etymology

Blend of petro- +‎ oligarch

Noun

petrogarch (plural petrogarchs)

1. Someone who is part of a small group that controls the petroleum industry, and hence has power over lives and governments similar to the powers of an oligarch.
   • 2012, J. Rauch, “Ban Gasoline”, in The Atlantic:

     Why focus on gas in particular? Because gasoline is where the world’s petrogarchs have us by the short hairs.

   • 2010, B. Dowbiggin, “Pursuing MLSE a survival strategy for Rogers”, in The Globe and Mail:

     ... selling out to the petrogarchs of Russia and Qatar was simply a master stroke of evil genius.