"Petrostate" meaning that the proceeds of the petroleum we sell is turned around and used for the betterment of the entire state. I think it's clear what OP was saying and you're being purposefully obtuse about this.
It means nothing for the US to be the biggest oil producer in the world when the proceeds and riches of "producing" that oil are hoarded by a small number of oil barons.
It means nothing for the US to be the biggest oil producer in the world when the proceeds and riches of "producing" that oil are hoarded by a small number of oil barons.