Home / Videos / The World Has Too Much OilThe World Has Too Much OilBy Douglas McIntyre • July 7, 2026 The US is producing at record rates. OPEC+ just upped production. China demand is down. More from ClimateCrisis 24775 People Died From Heat Domes, But the Number is WrongA third Heat dome Will Cripple USA 747 Was Used To Fight WildfiresCity Of Six Million Threatened By Wildfire