While the average driver is enjoying the low gas prices we've been seeing due to the Coronavirus it is having an adverse affect on the oil industry. Oil prices have dropped to historic never before seen lows as the cost to have a barrel of U.S. crude delivered in May fell to negative $37. Oil storage tanks are running close to full amid an abundance worldwide.

Traders are still paying $20 for a barrel to be delivered in June, which is considered closer to the true price of oil.