: a crude dark oil obtained from oil shale by heating
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In 2016, largely in response to dramatically falling oil prices due to U.S. shale oil output, OPEC signed an agreement with 10 other oil-producing countries to create OPEC+.—Democrat-Gazette Staff From Wire Reports, arkansasonline.com, 6 Dec. 2024 This is meeting pushback from experts who argue that, first, most drilling is on private lands and so the federal government has little influence over drilling rates, but also some are now claiming that a peak in U.S. shale oil production is near.—Michael Lynch, Forbes, 3 Dec. 2024 Experts credit the growth in shale oil and shale gas production, increases in renewable energies such as solar and wind and improvements in the energy efficiency of buildings and vehicles.—Louis Jacobson, Austin American-Statesman, 30 July 2024 That move was in response to the then-nascent boom in US shale oil production coming mainly from the Permian Basin, the Bakken Shale, and the Eagle Ford Shale.—David Blackmon, Forbes, 1 Oct. 2024 See all Example Sentences for shale oil
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