Gas prices decline after approaching record highs

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Gas prices have steadily decreased over the past month to $4.13 per gallon.

After approaching record highs, gas prices have steadily receded over the past 30 days.

Prices at the pump peaked at $4.24 last month, but averages have dropped more than a dime per gallon in New York City to $4.13, according to AAA.

Gas reached an all-time high in the city, $4.411,  in July of 2008.

Prices this week come in five cents less than seven days ago and 16 cents lower than at the same time last year.

Nationally, the average cost for a gallon of gas is $3.78, 16 cents lower than last month.