NEW YORK (PIX11) \u2014 The last time we looked, gas prices surged all across the country.<\/p>\n
The biggest rise in fuel was more than 42 percent in Kentucky. While not that high in our area, Robert Sinclair of AAA claims prices at the pump have leveled just a little.<\/p>\n
For more on what\u2019s happening in your area, head to our homepage <\/a><\/p>\n \u201cIf going down by three cents in the last week is leveling off, we\u2019re at $4.13 in New York City right now,\u201d according to Sinclair.\u00a0 \u201cIt was $4.16 a week ago, but don\u2019t think that\u2019s a break at the moment. For a significant portion of the population, these gas prices are unsustainable.\u201d<\/p>\n Fears that prices at the pump wouldn\u2019t come down until 2027 seemed to be alleviated when Energy Secretary Christopher Wright, appearing before a Senate committee Tuesday, backed off an earlier statement that average prices may not drop below three dollars until next year.<\/p>\n \u201cI don\u2019t know the future of energy prices,\u201d said Wright. \u201cOften I will speculate or look at those things, I would say gasoline prices, look like they peaked about a week or so ago.\u201d<\/p>\n Democrats have been skeptical of claims by President Trump that gas prices will come down as soon as the Iran war ends,\u00a0 but according to energy experts, there are other factors to consider before gas prices can return to reasonable levels.<\/p>\n \u201cThere\u2019s been so much destruction to oil and gas facilities in the Middle East as a result of the war,\u201d said Sinclair. \u201cIt will take many months, if not years, and millions of dollars to bring them back online. It\u2019s going to be a while before we see prices coming down.\u201d<\/p>\n AAA is monitoring the situation to determine what impact the high gas prices will have on holiday travel this Memorial Day and during the summer.<\/p>\n