MSNBC: 'Gas Prices Down 47 Percent Since April and May'

June 27th, 2012 5:31 PM

Have your gas prices dropped in half in the past couple of months?

Well, the geniuses over at MSNBC believe they have, for in the middle of a segment about fuel costs on the Martin Bashir show Wednesday, a chyron boldly stated, "Gas Prices Down 47% Since April and May" (video follows with transcribed highlights and commentary):


As the segment began, Bashir said, "If you're one of the millions planning to take to the great American road this summer, you're in luck: the price of gas continues to fall."

A graph was shown depicting gas prices dropping from a national average of $3.92 per gallon in early April to today's $3.38:

A bit later in the segment, the following chyron appeared as Bashir spoke with his guests:

Actually, given the prices supplied, this represents a 14 percent drop since April.

For those thinking someone entered the percent sign rather than cents, prices have dropped 54 cents.

So, no matter how you slice it, this was just plain wrong.

But that's par for the course for this joke of a so-called "news network."