Definitions

from The Century Dictionary.

  • noun Shaly rocks containing bituminous matter or petroleum in sufficient quantity to be of economical value; shales or clays in which a considerable quantity of organic (hydrocarbonaceous) matter has been preserved and is diffused through the mass of the rock.

Etymologies

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Examples

  • Agence France-Presse/Getty Images An oil-shale drilling rig near Stanley, N.D. The market has bid up these shares only cautiously—worried, no doubt, that oil prices could dip if world economic growth slows.

    Frack Attack: How to Play the Next American Oil Boom Jack Hough 2012

  • But investors with an appetite for risk might want to drill deeper into the sector to find smaller companies sitting on U.S. oil-shale riches—which make tempting takeover targets, analysts say.

    Frack Attack: How to Play the Next American Oil Boom Jack Hough 2012

  • Other companies are joining the global oil-shale game too: On Monday, Repsol YPF S.A. said it has found large reserves of shale oil in Argentina's Neuquen Province.

    Exxon Sees Global Shale Boom Isabel Ordonez 2011

  • In 2006, then Interior Secretary Gale A. Norton awarded Shell subsidiary Royal Dutch Shell PLC three oil-shale leases on federal land in Colorado reportedly worth hundred of billions of dollars.

    Bush Interior Secretary Investigated For Corruption 2009

  • The long-awaited deal includes acreage in South Texas's Eagle Ford shale, underscoring the rising interest of Asian oil companies to participate in the U.S. oil-shale boom.

    Korea to Pay $1.55 Billion for Anadarko Shale Stake Isabel Ordonez 2011

  • Europe and Asia are expected to start developing their own sizable oil-shale formations, much as the U.S. has done, potentially cutting demand for imported LNG.

    U.S. Gas Glut Favors Would-Be Exporter Ben Lefebvre 2012

  • The executive said the company is following closely the oil-shale acquisitions some of its U.S. rivals have recently made in the U.S. and that it is working on developing its oil-shale portfolio.

    Shell Expects to Drill in Alaska's Arctic in 2012 Isabel Ordonez 2011

  • Pulling the EPA stopper out of the energy bottleneck would make nuclear power which the EPA has kept off the table for nearly 50 years viable, which would in turn decrease our fossil-fuel demands, which could be met by developing our own extensive petroleum, natural gas and oil-shale reserves.

    Let's Exploit Our U.S. Oil for Real Energy Independence 2011

  • Also recently, the administration deferred until 2013 a decision on approvals for an oil-shale pipeline from Canada that had divided two Democratic constituencies, environmentalists and labor unions.

    Obama Swing-State Visits Surpass Presidential Record Jonathan Weisman 2011

  • In 2006, then Interior Secretary Gale A. Norton awarded Shell subsidiary Royal Dutch Shell PLC three oil-shale leases on federal land in Colorado reportedly worth hundred of billions of dollars.

    Uncategorized Blog Posts 2009

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