What Does The Historic Drop In Oil Prices Mean For Consumers?

U.S. oil prices dropped below zero on Monday for the first time in history.

By Bianca Martin
VIRUS OUTBREAK UNFORGIVING APRIL
The Deepwater Horizon oil rig burns in the Gulf of Mexico. Photo taken on April 21, 2010. Gerald Herbert / ASSOCIATE PRESS
VIRUS OUTBREAK UNFORGIVING APRIL
The Deepwater Horizon oil rig burns in the Gulf of Mexico. Photo taken on April 21, 2010. Gerald Herbert / ASSOCIATE PRESS

What Does The Historic Drop In Oil Prices Mean For Consumers?

U.S. oil prices dropped below zero on Monday for the first time in history.

By Bianca Martin

The novel coronavirus has caused oil prices to turn negative Monday for the first time in U.S. history, causing a stir in the global market.

Reset checks in with an investigative reporter who covers the oil industry for more on what the dip in oil prices means for you.

GUEST: Antonia Juhasz, author and investigative journalist; Scripps Journalism fellow at the University of Colorado in Boulder