MRC/NB's Gainor on Gas Price Hype on FNC's Cavuto

If you've been listening to the news, you might be surprised that the national average for gas is $3.20 - not $4 or more. Media hype of rising gas prices included predictions of $4, $5 and even higher national averages for gasoline.

MRC Business & Media Institute director and Newsbusters contributor Dan Gainor appeared on Fox's "Your World with Neil Cavuto" on May 28, 2007 to combat the hype.

"Nobody's saying gas prices aren't high. What we're saying is for the last couple years the media have warned us about $4 a gallon, $5, $6 - even $7 a gallon gas. It's never topped more than $3.22 and it's actually dropped in the last couple days," Gainor told viewers.

(0:39): Real (1.05 MB) or Windows Media (1.25 MB), plus MP3 (188 kB).

For more NewsBusters posts on the media's bias on oil and gas prices, click here.