opec s decision to slash oil production is prompting calls for the u.s. to crack down on the world s largest oil suppliers. now opec plus s production cut is expected to push gas prices up in the u.s. after following steadily over the summer highs in june, and now the white house says it s weighing all options as several lawmakers renew proposals to hold saudi arabia and the other opec nations accountable for price fixing, and this does seem to have at least some bipartisan support. joining me now is jonathan panikov. he s a director at the atlantic council. he s also a former national deputy intelligence officer with the national intelligence council. good morning. thanks so much for joining us. do you see this as a big slap in
right now opec s decision to slash oil production is prompting calls for the u.s. to crack down on the world s largest oil suppliers. the white house saying it s weighing all options as several lawmakers renew proposals to hold saudi arabia and the other opec nations accountable, potentially sue them for, quote, unquote, price fixing. opec s production cut is expected to push gas prices up in the united states after falling pretty steadily from that record high over the summer. with me now is democratic congressman ro khanna of california. thank you very much. you said this week, quote, the saudis need to be dealt with harshly. what should the biden administration do? what s harsh? poppy, we should ask them to reconsider their decision, give them five days and if not we should suspend the weapons
young likely voters are pessimistic about the future. they feel that they will have a lower standard of living than their parents did. so clearly, this is having an impact. americans are feeling it especially as we approach winter and americans have to worry just about the price of the pump, but also being able to pay for heating costs with the cold days ahead. carley: so there are a variety ways the president could have responded to the production cuts by opec. he could have scheduled a meeting with american energy producers and suppliers. he chose not to do that so far. reportedly the biden administration planning to scale down sanctions on venezuelan to allow chevron to assume its oil operations there. venezuelan, by the way rated among the world s dirtiest oil suppliers. so how is that a solution? todd: it is not to. it is a terrible reaction to
by comments the president made. she s in set-up. what s the latest, alex? hi, neil. president biden is defending his trip here to saudi arabia. we have heard some very harsh words from him in the past regarding the crown family. but right now he s saying he will meet with regional leaders and they will discuss security and energy issues. there s questions over whether the talks will trend into any major ramping up of oil production here in saudi arabia and unlikely. but still this is a major concern and focus giving the soaring global oil prices, which is a key concern for residents back at home. saudi arabia is one of the largest oil suppliers in the world. before arriving here, biden has come under harsh criticism. he s called out the kingdom and now is set to meet with the