I'd expect oil to be negative in the next few weeks -- refineries are shutting down (and can't take the oil), most of the commercial storage facilities are full

I'd expect oil to be negative in the next few weeks -- refineries are shutting down (and can't take the oil), most of the commercial storage facilities are full, and it's gone down far enough that it's uneconomical to pull it out of the ground (most of the articles that I've read put oil above $40.00 for most wells to turn a profit, and more than $3.50/mcf). I was in Texas and it was under $2.00/gallon before everything started getting all locked-down due to COVID-19 -- my guess is that gas there will be in the $.80-$1.00 range in the near future. Between the decreased demand due to the "Stay-At-Home" order and the excess inventory (until all of the refineries shut down), we haven't seen the bottom yet.