Gasoline prices have taken a sharp decline in the last week.
Since last week's election, gasoline prices in Louisiana have fallen more than a dime a gallon.
AAA analyst Don Redman says the reasons are more conventional -- refineries have completed their switch to winter grade gas are at full capacity.
"A lot of it has to do with seasonal change," he explained. "Refineries are back up and you're starting to see them produce more gasoline."
Prices are down 14 cents today compared to a week ago and down nearly 40 cents per gallon over the past month.
AAA says the average for a gallon of regular in Louisiana is now $3.55.
The seasonal drop drives have been waiting for is finally happening -- although gas prices are still nearly a dollar a gallon higher than they were a year ago. Redman says oil traders may also be optimistic that the conflict between the U.S. and Iran could be easing."There may be some speculation by investors that that may mean we'll wind up the ongoing conflict with Iran, Israel and the U.S., and that might bring some stability," Redman said.
