: a crude dark oil obtained from oil shale by heating
Examples of shale oil in a Sentence
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Powered by the shale oil boom, the United States produced 13.2 million barrels of crude oil per day in March, according to federal statistics.—Matt Egan, CNN, 14 June 2024 The resulting overproduction and free fall in oil prices is testing the business models of all producers, particularly those in emerging markets, including the one that exists in the United States—the shale oil and gas sector.—Carmen Reinhart, Foreign Affairs, 6 Aug. 2020 Another host, Harold G. Hamm, the executive chairman and founder of Continental Resources, is one of the pioneers of the shale oil boom that turned the United States into the world’s largest crude exporter.—Rebecca Elliott, New York Times, 21 May 2024 Indeed, the growth of shale oil production has meant huge amounts of associated gas is produced; oil producers benefit from being able to sell associated gas as a byproduct, but the oil revenue and profits generally dwarfs that from the gas.—Michael Lynch, Forbes, 16 Feb. 2024 See all Example Sentences for shale oil
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'shale oil.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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