Oil & Gas Prices

As Mark Finkelstein accurately noted earlier this morning, NBC’s Today gave big play to the supposed havoc that rising fuel prices are having on American society. But the hype reached ridiculous levels when Katie Couric insisted during Monday’s show opening that “I had to take out a loan to fill up my minivan. It’s crazy.”Couric makes at least $15 million a year co-hosting Today.Here’s how Couric…

So, have you noticed that gas prices are heading higher?The San Francisco Chronicle certainly has. In fact, after reading this Sunday's front-page article on the subject, as well a business section cover story from the same issue, one gets the sense that the economy is about to crumble at any moment as a result. Of couse, that's if you only read the portion of these articles on the covers of…

On Friday night, reporting on the rise in the price of a barrel of oil to $66.87, CBS anchor Bob Schieffer inaccurately described that as a “record high,” ABC anchor Bob Woodruff erroneously referred to it as “another new high” and NBC's Brian Williams fallaciously declared: “Oil prices at an all-time record again today.” But NBC reporter Andrea Mitchell, in a piece on what is causing the…

NBC Nightly News anchor Brian Williams on Tuesday night wondered, “with many of the numbers and many economists saying the economy is in good shape in this country, the question is: Why isn't President Bush benefitting from that?” Reporter Kelly O'Donnell inadvertently provided part of the answer when she suggested the lack of public confidence in the economy is “fueled most notably by record…