Oil & Gas Prices

On Sunday, 35,000 protestors marched on the Washington Mall urging President Obama to reject the Keystone XL pipeline, giving the Washington Post’s Steven Mufson ample space to hype the march.  In the 20 paragraph expose, the Post fails to label the protestors as liberal once and does not include any quotes from supporters of the pipeline, instead choosing to hype their global warming hysteria…

Here's something to keep in mind in the context of the past several years, as well as during the current runup in gas prices: They're more than likely higher than the press's reported "national averages." On Friday, the Associated Press reported the following concerning gas prices: "The national average is $3.64 a gallon, up a cent and a half from Thursday, with the highest prices in…

On Friday, Renee Dudley at Bloomberg News exposed the contents of February 12 internal emails revealing that Walmart executives are worried -- very worried -- about sales during the first 10 to 14 days of the its most current fiscal period (mostly likely either the first 10 days of February if the company works with calendar months, or 14 days if it began the second period of the fiscal year on…

Mukesh Ambani, the richest man in India and the second-richest in Asia, predicted this week that the United States will be independent of foreign imports of energy in five to seven years. Such was said during an interview broadcast Sunday on CNN's Fareed Zakaria GPS.

Gas prices are at record highs for the time of year, and took a bigger bite out of household income last year than in decades, yet the topic has taken just a fraction of the broadcast network news programs’ time. “The Energy Department’s statistical arm reported Monday that the average household spent $2,912 for gasoline in 2012, which makes up almost 4 percent of pre-tax income, tying 2008…

There's a domestic energy boom happening in America producing thousands of jobs with the likelihood of creating thousands more if Washington doesn't get in the way. Not according to Robert Redford who published a scathing attack on such efforts at the Huffington Post Sunday evening calling on President Obama to "say no" to the Keystone pipeline.

If Hollywood doesn’t like something, then clearly state legislators should react. At least that’s what Dave Fehling, NPR’s StateImpact Texas reporter suggested. StateImpact is a “reporting project of local public media and NPR,” and has many financial backers including George Soros (through his Open Society Foundations). “Chances may be better this time around that the Texas legislature…

Given the current sad state of the economy, when the price of something goes down, that's a good thing because you can buy more of it without breaking the bank, right? That's not what the host of the MSNBC program Up With Chris Hayes said on Saturday, when he claimed that “the price of energy is too low” and “the massive, extractive energy boom happening in America right now” is getting in…

To paraphrase the estimable Yogi Berra - it’s like deja vu all over, and over, and over, and over again. The Jurassic Press media is enraptured with a certain story.

With the “fiscal cliff” looming over Washington, D.C., CNNMoney correspondent Steve Hargreaves has proposed that one of the tax increases that should be on the table is a hike on the cost of the gasoline you buy to keep the family car running. “Currently at 18.4 cents a gallon, the federal gas tax is used primarily to build and repair roads, bridges and other transportation infrastructure,”…

Up or down, the media often hype changing gas prices, in spite of a long track record of incorrect predictions. But the most recent forecast stands to benefit media favorite: President Barack Obama. In recent months, all three broadcast news networks and the USA Today have offered predictions ahead of the presidential election, saying prices would be much lower by late November: after…

Presidential elections have been won or lost due to the economy. Herbert Hoover lost to Franklin Delano Roosevelt. Jimmy Carter lost to Ronald Reagan. This election season is no different as polls, including a recent one from NBC News/Wall Street Journal, continue to show the economy is the top concern of voters. But the network news media often skew economic coverage in favor of liberal…

The latest and possibly last (we can hope) preelection poll from partnership between the Associated Press and GfK Roper International purportedly tells us that most of us "now express prejudice toward blacks" whether we "recognize those feelings or not." That's the conclusion communicated by AP reporter Sonya Ross and wire service deputy director of polling Jennifer Agiesta. In case we don't…

NewsBusters reported in April that Matt Damon is creating an anti-fracking film called "Promised Land." On Friday, the Heritage Foundation's Lachlan Markay revealed that some of the financing for this movie came from the OPEC nation the United Arab Emirates.