$5 Oil - Holy Smokes

Today's headline for the possibility of $5 oil.
Is it possible? anything is possible.
$0 dollar oil is possible.
If we see $5 oil...... It's highly probable it's extremely short term.
The charts are below, judge for yourself.

Average oil price all the way back to 1915 in 2015 US dollar equivalent

http://www.metalbulletinresearch.com/Article/3532290/Commodity-prices-A-100-year-history.html

https://oilprice.com/

https://www.bloomberg.com/news/articles/2020-03-19/how-low-can-oil-go-traders-see-crude-prices-heading-below-20?sref=ve5evhCK

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So in ending........ Use critical thinking and think for yourself.