After a jump of nearly 27-cents on the heels of an announcement by OPEC Countries that they were cutting production levels a few weeks ago, the price of gas is falling.
The price for a gallon of fuel is ten cents less over the last two weeks.
There could be a lot of reasons for the price of gas to be going up at this time of the year.
The tourist season is getting underway.
Switching to summer blend gasoline is coming on line.
Refineries are offline, which happens when they change over to the seasonal blend.
But why in a period of increased demand are prices coming down?
WWL consulted with the Triple-A's Don Redman, guru of oil industry prognostication.
"Crude oil has settled at about $77-a-barrel, that's down almost five dollars from just a week ago, so we've seen those prices come down, they're down three cents from last week, and certainly the trend is for those prices to continue down."
Still, it's good news when looking at the price of gas from a year ago. Back then it was 40-cents more a gallon than now, right around $3.50-a-gallon.
"The trend is for those prices to continue to come down," Redman explains. "Looking at it again, cheaper prices for crude oil, in the mid 70s than in the mid 80s in the past couple of weeks."
Another reason for the temporary lull in prices is the using up of winter blend gas.
"If you look at our oil inventories right now versus just a year ago, we have an inventory of about 52 million barrels more in our inventories than last year."
Refineries need to get that old stock out before they can restart their refineries making the summer blend.
But that should've happened a few weeks ago, however.
Finally, Redman says there is a more ominous reason for cheaper gas:
"We're also looking at some slight decrease in demand. And I think that's the thing to really keep your eye on. If there is continued lessening of demand for gasoline products that may signal the fact that the economy is slowing down."
Since the failure of Silicon Valley Bank, the issue of a slowing economy is definitely on everybody's mind.
It could explain why people are not hitting the road for tourist season as robustly as they normally would.
Other issues include the biblical weather patterns of the recent winter.
Some areas are still up to their necks in snow weeks after the snowmelt should be underway.
The nation's midsection is experiencing fierce tornadoes bringing wide spread damage.
That's enough to curtail the average person from putting together a family holiday.
But a slow down in the economy is a bear on the edge of camp, waiting to unleash havoc.