Are you SURE that it was Oil Light then Engine Shut off? There is not a ENGINE SHUT OFF if the light comes on that I am aware of and I have worked on quite a few 300's.
I would be trying to start the vehicle by:
Verify Fuel Pressure
Spray Starting Fluid in the Intake and see if it starts then
Are you sure there is Spark?
CRANKSHAFT SENSOR went bad
SOURCE: car dies suddenly while driving all speeds
Hi krh60, I would strongly recommend having the cps (cam positioning sensor) and the css (crank shaft sensor) checked immediately, both can cause your problem and both throw no codes when running, in early stages the vehicle may start again or it may not. Ford also has a cps problem on their 7.3's also see if Chrysler has a recall on these parts you may get lucky hope this helps good luck to you.
SOURCE: 2005 Chrysler town & country touring won't turn over.
Sounds like you need a starter, or you have a loose wire somewhere under the hood.
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