Oil & Gas Prices
CBS Claims Old People Skipping Food, Medicine Due to High Gas Prices
May 2nd, 2006 2:48 PM
Monday’s CBS Evening News inaugurated a new series, “Eye on the Road,” the network’s latest gimmick to keep people outraged at the high cost of gasoline. Reporter Sharyn Alfonsi is driving from Florida to Boston to find people to complain about the high prices, and last night she highlighted senior citizens who are ostensibly sacrificing food and medicine because of Big Oil’s greediness.Alfonsi…
NBC’s Today: Bush’s “Dismal” Poll Numbers Are “Plummeting
April 28th, 2006 5:38 PM
Nobody would argue that President Bush is overly popular at the moment. The media, however, seem determined to keep it that way. The April 28 edition of Today made this point extremely clear. Katie Couric opened the NBC program with this tease of a Brian Williams presidential interview: Couric: "President Bush on those skyrocketing gas prices, his plummeting poll numbers and whether New Orleans…
ABC & NBC Focus on Exxon Profits, Skip How Government Gets More in Tax
April 28th, 2006 12:23 AM
The broadcast network evening newscasts on Thursday night hyperventilated over “record” profits for ExxonMobil, but failed to point out how government taxes exceed oil company earnings. ABC even fretted about how much ExxonMobil “spent rewarding shareholders,” though it was less than the federal government took in taxes, and NBC excoriated the company for “cashing in” at 9.5 cents per dollar. “…
Networks Ignore How Big Government Rakes In More than Big Oil
April 27th, 2006 2:30 PM
All three network morning shows played the envy card Thursday morning, as they hyped the “record high profits” and “corporate greed” of American oil companies. High on their agenda: ExxonMobil’s announcement of $8.4 billion in profits, which the networks implied was scandalous given the high price of oil.But unstated in the network coverage was the fact that the U.S. government took in more than…