Breaking News Opec Countriesare cheating on production, including russia,uae, and iraq. usa production up 300 to 500 thousand barrels per/day also production up in venezula,brazil,canada and african countries. that combined with electric vehicle growth, the demand in gasoline is expected to be down 4 to 5 million barrels per/day by the end of the decade. that is another nail in the coffin for oil.