WordNet
n. an industry that produces and delivers oil and oil products [syn: refining industry, oil business]
Usage examples of "oil industry".
As a domestic producer and refiner of crude oil he had suffered cruelly in the previous four years, and no amount of lobbying in Washington by the oil industry had persuaded Congress to grant oil leases on the Arctic National Wildlife Range in Alaska, the country’.
Even the country's oil industry-which accounted for nearly half of its entire gross domestic product-was falling on hard times.
If there was an industry in America with a chilling contempt for American citizens, it was the oil industry.
In short, the rich are still pretty rich, but their influence in the nation's oil industry has been substantially diluted.
The men did not know it, but they were about to take part in a test that would determine forever their future in the coal and oil industry.
The United States probably would have to provide $5 billion to $10 billion over the first three years to help get Iraq's oil industry back on its feet, initiate the reconstruction of Iraq's economy, and support the Iraqi people in the meantime--including providing food and other humanitarian goods, paying salaries for Iraq's large public sector, redeveloping infrastructure, and other basic costs.
The United States probably would have to provide $5 billion to $10 billion over the first three years to help get Iraq's oil industry back on its feet, initiate the reconstruction of Iraq's economy, and support the Iraqi people in the meantime—.
Once Iraq's oil industry was modernized, prices could very well drop below $20 a barrel.
Because of his age he would not have the same opportunities as us, and had been earmarked to become a specialist officer concentrating on the Middle East oil industry.