Holiday cheer at gas pumps, as prices keep falling to lowest level since 2009


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TRENTON, New Jersey — Motorists are getting a holiday gift at the pumps in New Jersey.

AAA Mid-Atlantic says the average price of a gallon of regular gas in the state on Friday was $2.43. That's down another 12 cents from last week, when prices were down 10 cents from the week before.

Motorists were paying $3.28 a year ago and this marks the 14th straight week that gas prices have fallen in New Jersey.

The national average price on Friday was $2.45, down 15 cents from last week and down from $3.21 from last year.

AAA spokeswoman Tracy Noble says that this is the lowest Americans are paying at the pump since 2009.

Prices are expected to remain relatively low into 2015, barring any unexpected spikes in global prices or declines in domestic production.

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