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Transcripts For FOXNEWS The Journal Editorial Report 20240707



time for the midterm elections. white house is calling opec s decision short sighted look at alternatives to wall street to reporting the administration is preparing to ease sanctions on venezuela and its dictator nicholas in an effort to increase the supply of oil on the market. let s bring in our panel also journal columnist kempster also, editorial board members kyle peterson. so why did saudi arabia make this a judgment after all the president had gone to the country earlier this year to try to persuade the crown prince there to produce more oil. now they are going in the opposite direction, what happened? from saudi arabia s perspective you have to consider they are looking at two factors. once the long-term alliance with the united states and hopefully try to keep that altogether. but they also have to look at their bottom line. and frankly, if you look at the signal sediment coming from all corners of the economy recently it looks like a 20 a pretty major slowd ....

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