A deadly malt liquor that contains a fair amount of (somewhat poisonous) fusel alcohol. Strong and generally cheap, OE is easy to find at 1:50 am. The petroleum flavor will frequently disagree with "beer connoisseurs" but is almost always enjoyed by respectable slummers.
Fucked-up Dude 1: I wana get ripped.
Fucked-up Dude 2: We're already ripped, yo.
Fucked-up Dude 1: Yeah, well I jonzin a fat 40 of Old English 800 'bout right now... let's go to Liquor Locker.
Fucked-up Dude 2: You talkin bout 8-ball? Ah shit, I'm in!!