shaleionaire

English

Alternative forms

Etymology

Blend of shale +‎ millionaire.

Noun

shaleionaire (plural shaleionaires)

  1. A person who has become rich by allowing natural gas to be extracted from a shale deposit situated below land they own.
    • 2012, Frank R. Spellman, Environmental Impacts of Hydraulic Fracturing, CRC (2013), →ISBN, page 2:
      What we have here is a modern-day gold rush or, more correctly, a shale gas rush, which I have termed a shalenanza, which has created many shaleionaires (a term invented by someone else).
    • 2012, "MVB Bank Looks for Internal, External Growth", The State Journal, 13 November 2012:
      Mazza said there are several new "shaleionaires" in North Central West Virginia, where people such as school teachers are now receiving royalty checks for as much as $60,000 a month for Marcellus Shale gas wells on their properties, he said.
    • 2013, Tom Sutcliffe, "TV review: Horizon - Fracking: the New Energy Rush, BBC2Quick Cuts, BBC4", The Independent, 20 June 2013:
      Stewart visited a “shaleionaire”, one of the local farmers who’ve hit the shale gas lottery, and then came back here for a primer on power-supply management and energy security.
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