: a crude dark oil obtained from oil shale by heating
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As oil prices loiter near 5- year lows and costs rise in the oil patch, expectations for U.S. shale oil production are becoming more pessimistic.—Michael Lynch, Forbes.com, 5 May 2025 Low prices are pressuring U.S. shale oil producers, who generally need crude prices at $65 per barrel to drill new wells profitably.—Spencer Kimball, CNBC, 12 May 2025 Executives on the frontline of the U.S. shale oil boom were scathing in their criticism of Trump’s policies in anonymous responses to that same survey.—Lim Hui Jie, CNBC, 30 Apr. 2025 This toggling of production is possible because of how shale oil is extracted.—Steven Dudash, Forbes.com, 1 Apr. 2025 See All Example Sentences for shale oil
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