GREENFIELD, Mass. (WWLP) – Lower gas prices are just one more reason for drivers to be thankful this time of year, but not everyone is enjoying them. The drop, from above $100 per barrel to below $70 per barrel means oil producing countries are making less money.
U.S. drivers feel no sympathy, though. One driver told 22News that even though it means a little relief when filling up, it’s still not enough for most families to have anything left over.
“It’s in the right direction. But I think in today’s day and age, everything is so much more expensive to just live. People are still making the same hourly rates; it’s harder for people,” Corey Tsatsos of Greenfield said.
The Organization of Petroleum Exporting Countries, or OPEC, recently voted against making changes in oil production, which could have resulted in higher prices. With too much oil meeting too little demand, consumers should continue to enjoy lower gasoline and heating oil prices for the time being.