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burning the midnight oil 

To burn the midnight oil implies working overtime or working over normal capacity.
"Looks like we're going to have to pull an all-nighter today. We're going to be burning the midnight oil."

burn the midnight oil 

to work diligently, especially late into the night
I had to burn the midnight oil to get that done.

burn that midnight oil 

A clever way to ask your 420 friendly fuck buddy to come over late at night, do some dabs, and fuck like rabbits.

Similar to Netflix and chill.

And. . . It doesn't count if you're just smoking weed. Dabs only. kk?
Guy: Hey what r u doing?
Girl: Not much, just bored :-(
Guy: You wanna come over and burn that midnight oil?
Girl: Ummmm. . . Sure. . . why not? I haven't been high all day ;-)

burn midnight oil 

to stay up all night doing work. often homework.
i burned midnight oil last night but slept in coz i was too tired
burn midnight oil by yo April 15, 2004

midnight oil 

An Australian rock band known for their driving hard rock sound, intense live performances and their overt left-wing political activism

Rob Hirst - Drums, vocals
Jim Moginie - Guitars, Keyboards
Peter Garrett - Vocals, Harmonica
Martin Rotsey - Guitars
Andrew 'Bear' James (1975 - 1979) - Bass
Peter Gifford (1979 - 1989) - Bass, Vocals
Bones Hillman (1989 onwards) - Bass, Vocals
beds are burning is midnight oil's best song ever!
midnight oil by SeymourChamp April 23, 2006

burn the midnight oil 

To stay up all night working. Apparently some drop the "the", though this must be rare.
Man Bob, you must have really burned the midnight oil on this one!