Drivers may be enjoying lower gasoline prices thanks to a big drop in crude oil but the industry is struggling around the world.
Crude prices have fallen to $30 U-S per barrel this week, the lowest in 12 years.
The price at the pump in Dryden is finally under $1.
Senior petroleum analyst Dan McTeague says he’s surprised how tension between oil giants Saudi Arabia and Iran is impacting the trend in prices.
McTeague adds Russia decided to scale back its production this week and says that move appears to be slowing down the price drop.
