: a crude dark oil obtained from oil shale by heating
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West Texas Intermediate was trading under $63 per barrel Tuesday, below the breakeven price that many shale oil producers in Texas need to drill new wells at a profit.—Spencer Kimball, CNBC, 30 Sep. 2025 Given the transactional approach favored by Trump, certain conditions may be demanded from Argentina – a country endowed with lithium, rare earths, shale oil and other resources.—Arturo Porzecanski, The Conversation, 24 Sep. 2025 That trend can be largely attributed to the industry’s increasing reliance on fracking for shale oil and gas, which demands ongoing spending to remain operational.—Tim McDonnell, semafor.com, 16 Sep. 2025 Echoes of prior bubbles Praetorian Capital draws two historical parallels to the current situation: the dotcom era’s fiber buildout, which led to the bankruptcy of Global Crossing, and the more recent capital bust of shale oil.—Nick Lichtenberg, Fortune, 6 Sep. 2025 See All Example Sentences for shale oil
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