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It's probably not as much of a mystery as you would think.Yes the decreasing oil pressure has been a long running mystery. It starts out at 50 PSI, the gradually drops, but never so low as to sound the alarm. It has done this for the past 2 years, possibly longer.
IMHO it is probably nothing more than a failing oil pressure sender unit. This is quite common - I have had it on my own boat and recently had exactly the same thing on the wife's car. On the boat it went on for a few years getting gradually worse. On the car it went from normal to "no pressure" in about a month.
As the engine warms up the resistance in the sender changes and indicates lower and lower pressure but never sets off the buzzer. That's because the buzzer has its own sender and doesn't use the signal from the gauge sender so is sensing the "real" pressure which is probably normal.
For the cost of a new sender unit, the peace of mind is worth it.