Obama Misleads on Oil Reserves, Networks Defend Him, Fail to Fact Chec

March 20th, 2012 8:11 AM
When President Barack Obama recently pontificated on gas prices, the broadcast networks listened, and parroted his explanations of why gas prices have more than doubled since he took office. But the networks had a much different take on gas prices when a Republican president was in office. On March 7, 2012, Obama declared: “We've got 2 percent of the world oil reserves; we use 20 percent.…