I'm beginning to think there are only two categories of news: bad and just wait, it's gonna get bad. That was certainly CBS's approach to falling gas prices on July 30
“News that gasoline prices are falling usually comes with a warning – don’t get used to it,” said “CBS Evening News” anchor Katie Couric. “So consider yourself warned as we tell you gas has fallen 17 cents the past two weeks to a nationwide average tonight of $2.88 a gallon. That is the lowest price in three months.”
That’s right, Katie. When it comes to gasoline prices and the CBS “Evening News,” they’re either high or probably going to get higher.
"Evening News" ignored the initial drop in gasoline prices last week.
USA Today reported on July 31 that prices have declined thanks to more refinery capacity and are expected to go lower -- despite Couric's warning.
"Now, with those same refineries coming back into full swing, supplies are anticipated to be healthy, leading to lower prices at the pump," wrote Barbara Hagenbaugh for USA Today.
Pump prices are now the lowest since mid-April, according to the Los Angeles Times. The Energy Information Administration reported that gas prices are down 8.2 cents a gallon from a week ago and 12.8 cents from a year ago.
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Economics 101
July 31, 2007 - 13:14 ET by mytwocentsYep, Katie - it's called supply and demand. You see - the supply just went up a bit and the demand stayed rather constant. It's not so hard - focus a bit - focus.
Bottled water still at 20
July 31, 2007 - 13:16 ET by TruthMongerBottled water still at 20 dollars a gallon? Katie doesn't care about that...
Gas prices must be no big deal then...
First Harry Smith is
July 31, 2007 - 13:16 ET by drillanwrFirst Harry Smith is skeptical ... Now Couric? Are you sure it's skepticism, and NOT pot induced paranoia over at CBS?
Prices will go up again until we get real
July 31, 2007 - 13:42 ET by nkviking75As long as CBS News and the rest of the MSM keeps covering for the libs who refuse to allow new drilling and new refineries, we're always one little hiccup from higher gas prices. If they had any sense, they'd do their investigative reporting on the foolishness of putting all our hopes on alternative energy sources rather than the relatively cheap and reliable supply of oil.
When you put the clowns in charge, don't be surprised when a circus breaks out.
Well think about it, if
July 31, 2007 - 18:57 ET by dlombardWell think about it, if liberals are running the news at CBS, why in the world would they call out the OTHER liberals responsible for legislating ourselves into today's domestic energy crisis?
"Speak not in the ears of a fool: for he will despise the wisdom of thy words." Proverbs 23:9
Couric a lowlife thug
July 31, 2007 - 13:55 ET by j17ghsAfter Couric's brutal beating of a lowly newsroom employee, let's hope the bitch doesn't go psychotic on a gas station attendant with a rubber hose. It seems CBS News sees no harm now in corporal misconduct, which ups the ante from simply trying to forge military documents (a felony) and trying to undermine democracy and an election by doing so. That of course speaks to Dan "O.J. Simpson" Rather. "My fonts don't fit, so I must quit." Rather should be in jail.
Katie's kangaroo court-style journalism
July 31, 2007 - 14:31 ET by krismcsherryWhen a woman (as opposed to a man) reports news like that, with that kind of spin, it just seems extra fallacious.
Gasoline Prices
July 31, 2007 - 15:01 ET by ConservativeRexWe do not need any new Refineries. The refinery's we now have are running to capacity. They are, unless they have operating unit issues.
People are paying for their gas at the current prices. I am fully aware that gasoline is a need, not a want.
Believe me, oil companies are not holding back a single barrel of crude oil they could be running unless it's the aforementioned operating unit issues.
Please do yourselves a favor a check out the break down of a barrel of crude oil in terms of cost/prices. Any large petrochemical company will have a link describing it.
On refineries
August 1, 2007 - 06:39 ET by UnsaneOh, but we DO need new refineries. Some months ago there was a refinery fire near Houston; the news report indicated that much of the refinery was using equipment manufactured in the late 1940s-early 1950s.
At the very least, they are in bad need of an upgrade to the latest, most efficient technology.
Res tantum valet quantum vendi potest.
CBS Pessimism aside
July 31, 2007 - 15:52 ET by uncle_buckCBS pessimism aside, an average gas price of $2.88 per gallon is not exactly something to get too excited about.
$2.65 a gallon
August 1, 2007 - 06:40 ET by UnsaneA cursory glance in Houston revealed prices at $2.65 in some places.
Res tantum valet quantum vendi potest.
2.88...if only Katie's
July 31, 2007 - 16:50 ET by fitzfong2.88...if only Katie's ratings were that high.
2.88...if only Katie's
August 6, 2007 - 10:28 ET by Tom1969caBa-ZING!
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"We can stand here like the French, or we can do something about it."
-- Marge Simpson