oil patch

noun

1
2
: the petroleum industry

Example Sentences

Recent Examples on the Web What a difference a few years make in the Texas oil patch. Dallas News, 13 Jan. 2023 Meanwhile, jobs in Alaska’s oil patch have grown by only 18%, to 7,200, after bottoming out in November 2020 at 6,100 jobs, the latest state records show. Alex Demarban, Anchorage Daily News, 3 July 2022 Activity in the Texas oil patch has grown sharply, especially since Russia invaded Ukraine and sent global energy prices surging. Dallas News, 27 Dec. 2022 Debt reduction is part of a big shift in the oil patch, where investors have insisted upon (and received) austerity and dividends following years of profligate spending and losses. Ryan Dezember, WSJ, 10 Oct. 2022 But Buffett has been doubling down on his bets on legacy tech and the oil patch as of late. Paul R. La Monica, CNN, 30 Apr. 2022 The region is also far removed from the rest of the oil patch and the power, pipelines and service companies that help move oil to market, adding to costs. Collin Eaton, WSJ, 27 Nov. 2022 There’s still promising news for the industry coming out of Alaska’s oil patch, with big projects on the horizon. Nathaniel Herz, Anchorage Daily News, 23 Oct. 2022 Dozens of small drillers helped fuel a resurgence in the busiest U.S. oil patch over the past two years. Collin Eaton, WSJ, 19 Sep. 2022 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'oil patch.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Word History

First Known Use

circa 1952, in the meaning defined at sense 1

Time Traveler
The first known use of oil patch was circa 1952

Dictionary Entries Near oil patch

Cite this Entry

“Oil patch.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/oil%20patch. Accessed 26 Jan. 2023.

Last Updated: - Updated example sentences
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