: a crude dark oil obtained from oil shale by heating
Examples of shale oil in a Sentence
Recent Examples on the WebIndeed, 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 One analyst warns of a ‘giant slurping sound’ for shale oil and warned that shale is not a revolution but a retirement party—in 2014.—Michael Lynch, Forbes, 16 Feb. 2024 Near the end of Obama’s second term, Saudi Arabia and OPEC declared a price war on the U.S. shale oil industry.—Robert Rapier, Forbes, 18 Feb. 2024 Here is a summary of the ten countries with the greatest technically recoverable shale oil resources worldwide, based on the EIA data.—Robert Rapier, Forbes, 12 Feb. 2024 In Corpus Christi, a major refining and export hub for Texas shale oil and gas, city authorities have imposed water use restrictions on residents, with more to come if reservoir levels fall below 30 percent.—Dylan Baddour, WIRED, 27 Jan. 2024 Despite rising costs, investor demands for lower drilling budgets and a daily assault from the Biden administration, shale oil and gas drillers took advantage of strong commodity prices to increase overall domestic crude production by 620,000 barrels per day.—David Blackmon, Forbes, 1 Jan. 2023 ExxonMobil agrees to buy shale rival Pioneer in $60 billion deal
ExxonMobil has agreed to buy Pioneer Natural Resources, a major shale oil producer in a deal that will more than double Exxon’s footprint in the Permian Basin in the southwest United States, reports my colleague Chris Isidore.—Krystal Hur, CNN, 12 Oct. 2023 Russian and Middle Eastern crudes tend to be heavier and yield more diesel, jet and marine fuel than U.S. shale oil, which is lighter and more prone to producing products like gasoline.—Bob Henderson, WSJ, 5 Sep. 2023
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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