Oil shale is not exclusive to the U.S.A.
I believe it requires specialized equipment to find it, however.
You are correct. China has the largest holdings in the world. The U.S. has the lead in exploration technology and knowledge - after all we started the oil industry, from exploration and production to refining. That leadership is something most politicians don’t ever appreciate. It’s a leadership lead as wide as our IT technology lead. So you can bet that as China and others seek to use their new-found reserves, they will turn to U.S. companies for help.