Oil & Gas Prices

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.

CNBC's Joe Kernen on Monday called New York Times columnist Paul Krugman a communist. Kernen expressed the same sentiments for economist and Huffington Post contributor Dean Baker (video follows with transcript and commentary):

Gas prices have risen to a nationwide average of $3.80 per gallon, per gasbuddy.com early this afternoon, and an Ohio average of over $3.90. Is Asjylyn Loder at Bloomberg worried about the effects on drivers' pocketbooks and travel plans over Labor Day? Don't be silly. Loder is worried about its impact on Dear Leader's presidential reelection prospects, and avoids the implications of the ten-…

"It would be better if energy prices went up." So amazingly said Politico's Evan Thomas on PBS's Inside Washington Friday (video follows with transcript and commentary):

Friday afternoon, the Associated Press's Jonathan Fahey couldn't get four paragraphs into his report on higher gas prices nationwide without starting to fret about their impact on President Obama's re-election effort. He also wanted readers to understand without any doubt that President Obama and the by inference his government bear absolutely no responsibility for the recent run-up to a…

Last time I checked the Associated Press was a national news service. So in a story about how a refinery fire in California will likely cause West Coast gas prices to hit $4 a gallon, why did reporter Jason Dearen ignore the fact that prices are already at $4 a gallon in many parts of the country already?

Robert E. Murray, the founder and CEO of Murray Energy Corporation, told CNN's Soledad O'Brien Friday that the closure and subsequent layoffs at his company's mine near Brilliant, Ohio, were "entirely" due to the anti-coal policies of Barack Obama. Not surprisingly, the Starting Point host spent much of the eleven-minute segment defending the president she adores from this accusation (video…

I suppose the Associated Press deserves some credit for what appears to be a grudging acknowledgment that opponents of the oil and gas drilling technique known as hydraulic fracturing, aka "fracking," "sometimes mislead the public." Also, Kevin Begos's story does a good job of letting Josh Fox, producer of the fundamentally dishonest documentary "Gasland," hang himself with his own dodgy,…