As we near the end of 2014, one of the biggest financial stories of the year continues to be the dropping price of oil, and with it the falling price of gasoline. National gas prices are now at their lowest average level in five and a half years.
Over the weekend, AAA noted that gas prices had now fallen for 88 consecutive days, which is a new record, at least in the ten years that such things have been tracked. The average price of a gallon of gas hasn't ticked up since September 24. The previous record was 87 days back in the summer of 2008.
Here in New Jersey, the average price of a gallon of gas fell to $2.39 yesterday, and has dropped by seven and a half cents in the past week. There are a handful of places in the state where it is already under two dollars a gallon.
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