SACRAMENTO (CBS13) — This holiday season, shoppers are delighted to see gas prices plummeting much lower than they were this time last year.

Prices have fallen nearly 70 cents since last holiday season.

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People CBS13 spoke to say it couldn’t have come at a better time, with the money they’re saving at the gas pump going to Christmas stockings.

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“It’s only $40 to fill-up our car which is amazing versus $60—so a $20 difference,” said Tatiana Sing.

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According to AAA, the average price in Sacramento for a gallon of regular is $2.81. Compare that to last year’s price tag of $3.46 a gallon, and it’s clear that folks are saving big.