Oil & Gas Prices

You've probably noticed that those prices at the pump have risen considerably over the last month or so. But don't worry! It's not that big a deal! Well, according to Yahoo! Finance's Daniel Gross, that is. Why? Well, Americans are consuming less gas per capita than a few years ago, cars are more fuel efficient, and people are just plain getting weary of more and more traffic (and, hence, are…

Gas prices are "soaring" again, crossing the $3-a-gallon threshold on Dec. 23 for the first time since Oct. 17, 2008. Back then the benchmark was a relief as prices plunged from the highest price ever of $4.11. Pump prices have been climbing all month, yet network reports downplayed the pain and suffering of consumers. Jim Axelrod of CBS called it "bad news" after reporting some positive…

The man at the forefront of conning governments and businesses into believing carbon dioxide is destroying the planet apparently is scaling back his efforts to do so. According to Politico, Al Gore's political action group the Alliance for Climate Protection is shutting down some of its offices:

Chris Matthews on Wednesday called Republicans that are skeptical of man's role in global warming Luddites, referring to the 19th century movement in Great Britain that was opposed to changes associated with the Industrial Revolution. Clearly missing the absurdity in his analogy, the "Hardball" host arrogantly stated (video follows with transcript and commentary):

Nobel laureate Al Gore said this weekend that tax breaks for corn-based ethanol are "not good policy" and that he only supported these subsidies in order to assist his eventual run for president. Reuters Africa reported Monday the former Vice President made these comments while speaking to a green energy conference in Athens.

Displaying a clear conflict of interest during Friday's 12PM ET hour on MSNBC, anchor Contessa Brewer did a story promoting electric car charging stations but did not disclose to viewers that the channel's parent company, General Electric, was selling the very same product. GE commercials for the charging stations have frequently aired on MSNBC in recent weeks. Brewer began the segment, a…

If you needed any more evidence that the entire theory of manmade global warming was a scheme to redistribute wealth you got it Sunday when a leading member of the United Nations Intergovernmental Panel on Climate Change told a German news outlet, "[W]e redistribute de facto the world's wealth by climate policy." Such was originally published by Germany's NZZ Online Sunday, and reprinted in…

With a 9.6 percent unemployment rate overall in the United States and unemployment rates showing an uptick in states on the Gulf of Mexico that allow offshore oil drilling, one has to wonder what the Obama administration is thinking its Draconian wide-sweeping moratorium halting deepwater drilling in the Gulf after the BP oil spill. While environmentalists are using today's explosion on a oil…

At the top of CBS's Sunday Morning, host Charles Osgood proclaimed: "From sky-high air-conditioning bills to gasoline-fueled vacations in the car, there's nothing like summer to remind us that we Americans are power hungry." In the story that followed later, correspondent Seth Doane declared: "In the wake of the Gulf oil disaster, calls for cleaner, greener energy, are growing louder." Doane…

On last night's 'O'Reilly Factor,' Fox Business Network reporter Charlie Gasparino claimed that during his time at CNBC, General Electric Chairman and CEO Jeff Immelt suggested to senior CNBC staff that they were being too hard on President Obama.Gasparino did not say that it became official CNBC policy to tone down criticism of the president. But he claimed that "the question of whether they…

As media predictably pound the table for Congress to allow the Bush tax cuts to expire, an interesting analysis by Washington Post contributor Robert J. Samuelson should raise a caution flag.Higher taxes inhibit couples from having children which in other developed nations has led to longterm economic paralysis.In a western civilization that got drunk on entitlement programs in the previous…

Bad economic news just keeps piling up. Today, the news about jobless claims from the AP:Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies are still cutting workers.The Labor Department said Thursday that new claims for unemployment insurance rose by 19,000 to a seasonally adjusted 479,000. Analysts had…

Editor's Note: For the list of NewsBusters T-shirt contest winners, skip to the end of this post. Click here to enter the contest.Last week we debuted the first installment of "Five for Five," a set of five top five lists comprising the best NewsBusters posts of our first five years. Last week we began on a light note with The Top Five Media Flubs Caught by NewsBusters.We continue on the lighter…

On June 24, 2010, I had a post on BigHollywood that examined Robert Redford’s asinine statements about the Gulf Oil Spill. From his support of a drilling moratorium to the fact that he literally blamed the spill on Dick Cheney to the way he expected George W. Bush to respond instantly to Katrina, while making excuses for President Obama’s slow response to the BP disaster, his words were…