Oil & Gas Prices
Sky-High Gas Prices? Try 3,700 Percent Inflation
May 18th, 2007 1:57 PM
As gas prices are on a springtime upswing and the summer driving season is upon us, NewsBusters and the Media Research Center's Business & Media Institute have documented the media's persistent hype about gas prices.But if the media really want a story about an economy running on fumes, they need look no further than Zimbabwe, where socialistic thuggery has resulted in a starving nation…
Oil Patch Democrats Concerned Global Warming Bill Could Raise Energy P
May 17th, 2007 2:29 PM
Did you hear about the nineteen Democrats that sent a letter to Speaker Nancy Pelosi (D-California) and Majority Leader Steny Hoyer (D-Maryland) expressing concern that a global warming bill being discussed in the House could reduce energy supplies and raise prices?You didn’t? Want to know why?Well, because other than Environment & Energy Daily, nobody reported it. *****Critical Update:…
ABC Panics Over ‘Highest Gas Prices Ever’; Vows Oil 'Truth Test
May 15th, 2007 11:46 AM
On Tuesday’s "Good Morning America," co-host Diane Sawyer and reporter Claire Shipman hyperbolically investigated "soaring" gas prices. After noting that oil companies have been publically presenting their explanations, she wondered, "But are they true? We put them to the truth test." Apparently, it's ABC that needs the "truth test." Diane Sawyer’s intro included this comment from Gulf Oil…
Here We Go Again: Inane Hype for 'Record High' Gas When Price Lower th
May 14th, 2007 9:03 PM
As another summer driving season approaches, media outlets cannot resist again hyping dire stories about the supposed “record high” price of a gallon of gas when, adjusted for inflation, the current $3.10 average for a gallon of regular unleaded gasoline is still lower than in 1981. ABC was out front Monday night with the fallacious reporting. World News anchor Charles Gibson teased up top, “…
AP and Yahoo’s Misleading $4 Per Gallon Gas Picture
May 13th, 2007 5:57 PM
Have you seen the picture on the right showing a Shell station in San Francisco with gas prices in excess of $4 per gallon? Well, there’s only one problem with it: this isn’t close to indicative of what gas prices are in the Bay Area. Not even close.Yet, the following was captioned next to this Associated Press picture at Yahoo Thursday (h/t NB reader Brian Mortimer, emphasis added):High gas…
WashPost Biz Page Runs Cartoon Pushing Gas Gouging Meme
May 13th, 2007 5:10 PM
A cartoon in the May 13 "Sunday Briefing" on page F2 of the Washington Post furthered a left-wing talking point against "Big Oil" that a comprehensive study by the Federal Trade Commission (FTC) debunked last year: that oil companies artificially manipulate gas prices by squeezing supply.A cartoon from the Newark Star-Ledger's Drew Sheneman depicts a man fueling his car asking a cigar-smoking "…
Sawyer Frets Gas Will Continue to Climb, Stock Market Will Crash
May 8th, 2007 9:58 AM
With gasoline prices going up, Diane Sawyer worries they will continue to rise. With stock prices going up, the same Sawyer worries they will experience a crash of historic proportions.Sawyer's guest on Good Morning America today at 7:15 AM EDT was Mellody Hobson, a GMA financial contributor. Here's how Sawyer kicked things off.GMA CO-HOST DIANE SAWYER: Will runaway gas prices keep soaring,…
Media Finally Realize Higher Gas Prices Aren’t President Bush’s Fa
May 3rd, 2007 1:50 PM
For several years as oil and gas prices have exploded, a frequent media commentary has been to blame the problem on President Bush. Either he didn’t do enough to stop a hurricane from hitting New Orleans, or it’s due to the war in Iraq, or he should talk to Iran, or it’s due to Cheney’s having run Halliburton – whatever the specious connection, the White House has been routinely at fault.Yet,…
