On this, and take the oil and find a place to ship it. That is proving to be a real conundrum for these markets here. There is a company, variety of companies that do this for a living including one called valpak. It has storage barrel systems i dont know what you call it all over the world, include places in singapore, rotterdam, theyre essentially saying there is no room at the inn. Weve run out of space for the space people are looking. Sort of a doubleedged sword here. The fears in the market they have not gone away. At love oil suppliers, their concerns have not gone away. A lot of wildcatters, smaller businesses if you take exxonmobils and chevrons out of this, to lesser extent occidentals host of others theyre still feeling the pinch. Not as much as you would think. Off lows early this morning but still down appreciably. So well be looking at the forward month contract where june is the most heavily traded at the moment. So we will keep an eye on that but we will also keep an ey
Ive been saying this openly. And they have lowered too slow. He took 25. Some people were hoping for 50. He did 25. Im not thrilled with the fed, despite that we have an incredible economy and no inflation. Chairman powells job is safe . Yeah it is safe. Sure, why not . You paused . I dont pause. He has a job, im disappointed in it. Im very disappointed in him. Neil the job is safe because the president cant fire him. Once appointed unless serious malfeasance or crime he is there, he is there for another couple years. Of course the president is free not to reappoint him. That is assuming the president is still in office to decide that. Former Treasury Department economist under president bush 43 David Beckworth with us. Obviously he is not satisfied with the quarterpoint move. He wanted more. We got data today to indicate maybe the fed was wise to make the quarter point and add to that the caveat it is watching other developments. What do you think of the data and confluence and . We s
Hamas should be treated exactly the way isis was treated. They should be spit out from the community of nations. Dctv video shows hamas fighters waiting at the gate of this Quiet Community before ambushing a civilian car. Once inside, they would inflict unimaginable terror on the population of 1,000. Someone killed them. Six days in to the war, israel said to be dropping flyers in gaza urging palestinians to take cover in what could be a major ground war. Prime minister Benjamin Netanyahu warns that every member of hamas is a deadman. The United States confirming now that 27 dead americans are the reality. We are all over it with the israeli ambassador to the United Nations on what is next in this war. What he makes of a palestinian day of protest called for tomorrow over this war. House Intelligence Committee chair mike turner on if the warnings were missed and Senate Minority whip john thune on the great 6 billion iran mystery money. Welcome, everybody. Im neil cavuto. Lets get to it
Tit for at that time. Welcome, everybody. Im neil cavuto. First, to john roberts at the white house on what is fast becoming a very delicate balancing act for the president of the United States. Reporter im told by officials on the q. T. We may hear something from saudi arabia in the not too distant future explaining what may have happened to the saudi journalist who is was a columnist for the Washington Post, jamal khashoggi. A suggestion of a rogue operation that the president was talking about this morning may have ended up in khashoggis death during an interrogation, which was apparently unauthorized by the saudi government. We are digging a little more deeply into this. Officials here at the white house reluctant to say anything just yet because not fully informed yet by the saudi government. There is also a question of classification here. We are keeping a close eye on our saudi sources, because they may have something to say about it very soon. The president on his way down to f
Saudi arabia but the president went tip his hand what he knows or what his secretary of state knows. Lets go to kevin corke with the very latest. Hi, kevin. Neil a lot of people are wondering if Steve Mnuchin would make his way to saudi arabia for the fiy. But if i could quote pauly from goodfellows, you have to keep up appearance. Of course he couldnt go given what the Administration Knows based on relimb preliminary information picked up by mike pompeo. So today mr. Mnuchin took to twitter. He said just meet with real donald trump and secretary pompeo and we have decided i will not be participating in the future Investment Initiative summit in saudi arabia. Mike pompeo just returned from turkey and saudi arabia in search for answers of the murder of the journalist, jamal khaishoggi. Is from saudi arabia but had been living in this country for a while and washing for the Washington Post. Mike pompeo says this issue wont go away any time soon as the Investigation Continues on the groun