Gas prices could be leveling off - NEWS10 ABC: Albany, New York News, Weather, Sports

Gas prices could be leveling off

ALBANY, N.Y. -- There's been a slow and steady rise in gas prices since January, but for the past two days those prices have leveled off -- but what many motorists really want to know is when those prices are expected to come down.

"I'd rather be in South Carolina where they're a lot cheaper," says Jessica Martin.

$7.84 barely bought Martin two gallons of gas. The mother from Troy says the current prices at the pump are simply ridiculous.

"It's doing a lot to my budget. I can't take my kids where I want to take them. But in order to get what they need I gotta have gas," says Martin.

According to a local AAA office, gas prices in the Albany area have increased thirty cents a gallon since January first.

"So it's been some pretty steep increases in a pretty short period of time," said Eric Stigberg of AAA Northway.

Normally, the price spike comes later in the year, but because of the switch to summer fuel and early maintenance at refineries -- gas prices have started to rise earlier than usual.

But Stigberg says that's actually good news.

"Good news in that we're starting to see oil prices level off at this point."

Definitely good news for student Kayla Gallelli who says she spends $50 or more filling up her gas guzzling SUV and could use that money for other things.

"I'm going to college next year, so even just saving up for college especially," said Gallelli.

According to AAA, gas prices were at their highest in 2008 when it was over $4 a gallon, and they say that prices will not likely get that high this year.

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