Get ready for the lowest holiday-gas prices in 7 years

This holiday season, U.S. drivers may pay the lowest prices for gasoline since 2008, according to AAA.

As of Wednesday, the leisure travel and motoring organization pegged the average price for a gallon of regular gasoline at $2.199. That is the lowest average for this date since 2004. It is also down about 77 cents from a year ago and 9 cents less than a month ago.

“The fuel savings continue to add up with pump prices in many areas below $2 per gallon,” said AAA spokesman Avery Ash, in a statement. “It looks increasingly likely that drivers will find the cheapest gas prices for both Thanksgiving and Christmas in seven years.”

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