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Ca Times

Unprecedented effects of this crisis


Whilst the crisis, we are facing storage issues for the oil that is generated. The price of oil has dropped. It might be the least important issue but it could worsen. It could result in massive unemployment at locations like Saudi Arabia, and in the world. Why this is happening? As there is a halt in the flying vehicles, road vehicles and also in the rate of production of many factories that use crude oil. As for now, the oil price went down 22 percent down resulting to $35.4 per barrel. One barrel contains 42 gallons of oil. Oil mines will stop working. There will be harsh conditions but we have a stronger morale to survive in the most severe conditions.

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