Oil & Gas Prices

A recent NewsMax piece (scroll down to article #2) gave high praise to yours truly. Please excuse the obviously shameless self-promotion, but I’m verklempt. Talk amongst yourselves. “Noel Sheppard isn't pulling any punches these days. “Sheppard has become an increasingly popular economic guru, and he could well be the political right's answer to noted liberal pundit Paul Krugman of The New York…

"Cheaper gas gets season rolling," trumpets the front page of the November 23 edition of USA Today, in a story that breaks the usual media template on "soaring" or "record" gas prices that the Free Market Project study documented in early November. USA Today's coverage of dropping gas prices continues on pages 8-9A with "Pump prices dip below $2 in some states; still up from '04," which is…

Today’s New York Times featured a Carl Hulse article that depicted the future of the Republican Party as being almost as bright as Alaska for the next several weeks. In Hulse’s view, just about everything that has gone wrong in America in 2005 can be linked to Republicans, while, conversely, in a 27 paragraph piece, there was only one paragraph that suggested any problems for the party on the…

Newsweek’s Eleanor Clift has a new article out, and she once again doesn’t have anything good to say about President Bush. In fact, she now believes that his presidency is in such a state of disarray that Bush needs to “change direction, the way President Bill Clinton did after losing both the House and Senate in 1994.” Clift seems to forget that this change of direction didn’t help the Democrats…

The media have repeatedly given air time to charges that the oil companies are taking advantage of consumers and earning unfair profits. Throughout the year reporters have alleged "oil companies...are making massive profits," "oil companies have watched their profits soar" and "record profits for the oil producers." But how do these oil profits compare to those of the media companies, themselves…