Gas Prices Drop in Time for Holiday Travel Season

Paula Faris reports on how much the prices at the pump are plunging.
1:03 | 12/18/12

Coming up in the next {{countdown}} {{countdownlbl}}

Coming up next:

{{nextVideo.title}}

{{nextVideo.description}}

Skip to this video now

Now Playing:

{{currentVideo.title}}

More information on this video
Enhanced full screen
Explore related content
Comments
Related Extras
Related Videos
Video Transcript
Transcript for Gas Prices Drop in Time for Holiday Travel Season
We're going to begin with your money and new savings at the gas station. New numbers out this morning show prices are plunging just as millions of us, as we just heard, get ready to hit the roads. Albeit snowy for the holidays. Paula faris here to show us what we might be saving. You can say santa has an early christmas present for us. Gas is asheap as it's been all year. Dropping 10 cents in the last week alone. This morning, the average price is $3.25. That's a contrast to what it was this past fall, when we were approaching roughly $4 per gallon. The most inexpensive gas in the country is going to be the show-me state. Massachusetts, $2.95. And the most expensive is in hawaii. A significant development, josh. For the first time this year, gas is under $4 per gallon in all 50 states. And that's a little bit of relief, considering this is going to be the worst holiday traffic season on record in six years. A little bit of a break for our wallets.

This transcript has been automatically generated and may not be 100% accurate.

{"id":18004131,"title":"Gas Prices Drop in Time for Holiday Travel Season","duration":"1:03","description":"Paula Faris reports on how much the prices at the pump are plunging.","section":"GMA","mediaType":"Default"}