Oil & Gas Prices

Imagine if a Republican campaign organization attempted to raise money by going after billionaire Barack Obama fan Warren Buffett by claiming that Buffett is making a lot of money at the pump because of higher gas prices. The press would immediately pounce and say that it's not true, because even though Buffett could be benefiting from the President's cancellation of the Keystone Pipeline, the…

As NewsBusters has been reporting, America's media have recently taken it upon themselves to make sure the soaring price of gas does not reduce Barack Obama's chances of getting reelected in November. Doing her part Sunday was Current TV's Jennifer Granholm who actually said on ABC's This Week, "I think blaming the president for high gas prices is like blaming Rudy Giuliani for 9/11" (video…

As NewsBusters has been reporting, America's media currently feel it's their job to make sure soaring gas prices don't negatively impact Barack Obama's chances of reelection. NPR's Nina Totenberg did her part on Friday's Inside Washington saying, "Politicians don't control this" (video follows with transcript and commentary):

While ABC's World News declared  "a big chunk of the pain at the pump is Wall Street's fault" on Thursday, on NBC's Nightly News, anchor Brian Williams similarly announced: "The problem is gas prices are largely set by commodities traders, also known these days as speculators." Correspondent Miguel Almaguer reported on "backlash from both sides of the register" as a sound bite played of Los…

Appearing on the February 23 Hannity on Fox News for the weekly Media Mash segment, Media Research Center president Brent Bozell exposed the media attempts to downplay high gas prices and refusal to hold President Obama accountable for the rising energy costs. "Why is it, Brent, do you think the media is not so interested" in noting skyrocketing gas prices under President Obama's watch,…

On Thursday, Media Research Center President and publisher of NewsBusters Brent Bozell told Fox News's Neil Cavuto that gas prices will keep climbing and the media will continue downplaying it to help President Obama get reelected. Proving his point just a few hours later on Fox News's Special Report was Charles Lane, the editorial writer for the Washington Post, who actually said, "Gas…

MRC President and Newsbusters publisher Brent Bozell predicted on Feb. 23 that gas prices will keep climbing and the media will keep downplaying that fact to help President Barack Obama. “The prices are going to continue to escalate and the media are gonna continue to downplay it. This is the kind of story they don't want to cover. It goes against the narrative of the 2012 election and they'…

On Wednesday's CBS This Morning, Charlie Rose promoted a talking point used by liberals, including President Obama, that Warren Buffett and other billionaires want their taxes raised. After playing a clip of Chris Christie ripping Buffett, Rose asked Jack Welch, "Do you agree with the governor of New Jersey, or do you agree with...Buffett, that there ought to be more tax on the super-rich?"…

Rising gas prices used to be big news, but not so these days. Although the national average climbed to $3.56 on Feb. 20, setting a February record after going up nearly a month straight, there was far less coverage than in 2008. Broadcast networks repeatedly covered the rise under the Bush presidency. Gas prices bounced around eventually reaching $3.56-a-gallon on April 24, 2008. The…

Good Morning America's George Stephanopoulos on Tuesday highlighted skyrocketing gas prices, sympathetically wondering "What, if anything, can the White House do about" them. Stephanopoulos focused on Republican congressional response to gas prices, warning that the GOP is "talking about these high gas prices over this February break. This is something they think they can exploit." On April…

Sunday’s New York Times front page brought a rare focus on a trend favorable to the GOP, high gasoline prices under the Obama administration (and in the lead slot no less): Michael Shear’s “High Gas Prices Give GOP Issue To Attack Obama – New Peril To Recovery – Candidates and Boehner Plan to Capitalize on Anger at Pump.” The Times tends to soft-pedal such dangers during Democratic…

By now you’ve likely read or seen Republican presidential candidate Rick Santorum talking about Barack Obama’s “phony theology.” Unfortunately, in their attempt to accuse the former Pennsylvania Senator of impugning the President’s religious beliefs, America's media collectively cherry-picked from a 41 minute speech to completely misrepresent what Santorum actually said (video follows with…

At the top of Tuesday's NBC Nightly News, anchor Brian Williams pleaded: "Why now? In a tight economy with so many Americans living on the financial edge, why are they being asked to pay so much more for gas?" Moments later, he warned: "...there's still one thing that could crush it all and ruin any hope for a real recovery right now, and that's the price of gas." Compare that sentiment to…

Everybody, including yours truly, makes mistakes. But a major news organization should be able to catch whoppers like the ones readers will see shortly, or at least fix them in short order if they get posted. A Google search on the title of an ABC report on gas prices ("Bumpy Ride Ahead: Gas Prices May Soon Hit $4 a Gallon") at about 8:10 a.m. ET indicates that the story went up at about 6 p.…