U.S. and Venezuela Agree to "Generational Game Changer" Deal

U.S. and Venezuela Agree to "Generational Game Changer" Deal

Author: FOX News Radio September 1, 2026 Duration: 34:18
President Trump has announced a historic oil deal with Venezuela which grants the U.S. access to billions of barrels in proven reserves. FOX Business Network Contributor and Oil Market Analyst at the Price Futures Group Phil Flynn joins the Rundown to explain why the agreement could be a "generational game changer" for the nation's energy security, how it impacts the U.S. Strategic Petroleum Reserve, the immediate impact on pump prices and why a "new era of low prices" is on the horizon. After devastating flooding and mudslides swept through the mountainous Nepal-China border, hundreds are dead and thousands remain missing, including dozens of Americans. As rescue crews work to reach isolated communities in the Himalayas and families search for loved ones, questions remain about what caused the catastrophic landslide and debris flow. Philip Prince, geologist with Appalachian Landslide Consultants and adjunct professor at Virginia Tech, joins the Rundown to explain what may have triggered the disaster and if early warnings can be provided in the future to populations at risk. PLUS, commentary by Ted Jenkin, President of Exit Stage Left Advisors and Host of The Red, White & Green Show. PHOTO CREDIT: AP IMAGES Learn more about your ad choices. Visit podcastchoices.com/adchoices

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