oil is now under 20 a barrel on the Brent crude price market, (the oil to be delivered 2 months from now) in fact.... according to the news, there is NO more storage capacity, and oil is less than a dollar a barrel.

above, the graph of the past week,

below, for the past month

Benchmark US oil prices crashed into negative territory for the first time in history as the evaporation of demand caused by the coronavirus pandemic leaves the world awash with oil and not enough storage capacity


Not all oil contracts are trading in negative territory. Brent, the international benchmark, lost 9 per cent on Monday to fall to $25 a barrel, but is less immediately afflicted by storage issues. Brent is a seaborne crude market allowing traders to easily ship it to areas of higher demand. Amrita Sen at Energy Aspects said: “With Brent you can put it on ships and move it around the world immediately."

Stephen Schork, editor of oil-market newsletter The Schork Report, said he expected access to storage capacity in the US to be exhausted within two weeks — and cautioned that the collapse of the country’s oil consumption was accelerating.

“It just gets uglier from here,” Mr Schork said, adding that sharply rising unemployment numbers meant fewer and fewer Americans would be driving, hurting petrol demand even during its peak summer months.

“This summer is dead on arrival. The biggest demand months are not going to happen,” he said. 

https://markets.businessinsider.com/commodities/oil-price?type=wti

The lowest price I've seen in San Diego for a gallon of gas, is 2.59.

Is the price in Ohio, or the East Coast, holding steady at less than a dollar a gallon?