Oil & Gas Prices
Shocking News From NPR: Oil Companies Aren't Gouging Consumers After A
May 8th, 2006 9:48 AM
For months, the media have blamed virtually anything but free market forces for the rise in oil and gas prices. NBC’s Lisa Myers attributed these increases to greed on a recent Nightly News report stating almost disgustedly “Exxon earned 9.5 cents on every dollar of gasoline and oil sold, cashing in at every stage of the process.” Imagine the nerve of ExxonMobil actually making a profit. Oh the…
Stoking the Outraged: Networks Showcase Consumers Feeling 'Pain at the
May 5th, 2006 11:55 AM
Anyone with a working TV set knows that the broadcast networks have hyped the high gas price story (“Pain at the Pump”) to ridiculous levels. A new MRC study of the ABC, CBS and NBC morning and evening news shows found a whopping 183 stories in just three weeks, an avalanche of TV coverage that (helpfully to Democrats planning their midterm election strategy) has buried far more important good…
CBS and NBC Stick With Gas Pains, Ignore Wednesday’s Huge Price Decl
May 4th, 2006 2:44 PM
The wholesale price of oil and gasoline took a huge drop on the commodities markets Wednesday. But, you never would have known it from watching the broadcast networks’ evening news programs. In fact, the pain at the pump mantra continued in earnest at CBS and NBC without even the slightest mention of a greater than $2 decline in oil prices and an almost 9 cent decline in gasoline prices on the…
FNC Hosts Play Class Warfare Card: Discuss "Outrageous" Perks
May 2nd, 2006 3:55 PM
The lure of class warfare has now seduced even the Fox News Channel. The network, often derided by liberal critics as overly conservative, featured a segment on the May 2 edition of Fox & Friends about the "outrageous" perks that CEOs receive. Co-host E.D. Hill cynically teased the piece by asking, "You know, if you go to work, you get your paycheck, but don't you wish you got a plane too?"…