Oil & Gas Prices

When gas prices get high, politicians love to blame the financial speculators for driving the price up. On Saturday morning, CNN's Josh Levs reported that "we have analysts telling us to get ready for national average around $4.25. That's spring. Summer, that's when it could go higher, $5 could happen in some cities." What might high gas prices mean for the 2012 campaign? Or how might the…

In denouncing President Obama's rejection of the Keystone XL pipeline project today, the Washington Post gets it right, but not for the Right's (pun intended) reasons, defending the job-creating project from a liberal position. The Post editorial board argued today that approving the Keystone XL project "should've been an easy call for the administration." "We almost hope this was a political…

When President Obama put off giving the go-ahead to build the Keystone Pipeline until after the 2012 election, it put the liberal media in a difficult position. Just about everyone from Big Labor to congressional Republicans to the states through which the Keystone would run agrees it would create thousands of jobs, strengthen ties with Canada and reduce dependency on oil from unstable and…

Oil tycoon T. Boone Pickens wants President Obama to explain to him what his "fair share" of taxes is. Such was discussed on MSNBC's Morning Joe Wednesday (video follows with transcribed highlights):

For conservatives, one of the bright spots of the Occupy Wall Street protests was when millionaire investor Peter Schiff went down to Zuccotti Park with video camera and a sign reading "I Am The 1% - Let's Talk." On Tuesday, I had the pleasure of speaking with Schiff by telephone in a sweeping interview about his experience at OWS, how the financial media are doing, and ending with his rather…

For years while George W. Bush was in the White House, the three broadcast networks and other media repeatedly hyped the threat of rising gas prices, exaggerated the "record" price of gas and incorrectly predicted, $4, $5 and $6 gasoline or even higher. Now the gas price story has been turned upside down under the anti-oil presidency of Obama, despite sustained high gas prices.

MSNBC daytime host Tamron Hall failed to use the J-word -- jobs -- in alerting MSNBC viewers today of President Obama's decision to delay his decision on authorizing the proposed Keystone oil pipeline. Noting the story on the 2 p.m. Eastern NewsNation program, Hall described the "massive oil pipeline" project as "controversial" because it would run through "an environmentally-sensitive area…

As young, foolish, unemployed Americans Occupy Wall Street, liberals in the media have predictably cheered the protests. Some, like schlockumentarian Michael Moore, participated in the goings on, telling the crowd last week that the folks inside the buildings surrounding them were solely responsible for the nation’s economic woes (video follows with transcript and extensive commentary):

It certainly wasn't a Paul Krugman moment, but is the tenth anniversary of the biggest attack on our mainland a good time to say, "Fifty years from now, we might even look at 9/11 as simply the beginning of the decline of America?" That's what Fareed Zakaria said Sunday on the CNN program bearing his name (video follows with transcript and commentary):

America was in a post-stock market bubble bursting recession, had just suffered its worst mainland attack in its history, and New York Times columnist Tom Friedman believes ten years later all would have been made right if the President of the United States on September 12, 2001, had raised taxes. This is what Friedman, in his most recent blame all the troubles of the world on George W. Bush…

Charles Krauthammer on Fox News's "Special Report" Friday offered Republicans a 2012 campaign slogan to defeat Barack Obama. "President Zero: zero economic expansion, zero jobs, zero ideas on how to cure the economy" (video follows with transcript and commentary):

George Will and Donna Brazile had a telling exchange on ABC's "This Week" Sunday. After Will listed all the excuses President Obama makes for the poor economy, Brazile said, "I thought you were going to mention media" leading Will to smartly retort, "They're not his problem" (video follows with transcript and commentary):

Congresswoman Michele Bachmann (R-Minn.) caused quite a stir last week when she said if elected president she would bring back $2/gallon gasoline prices. On CNN's "Reliable Sources" Sunday, New York Times columnist Tom Friedman - without supplying any economic data to support his claim - called Bachmann's pledge "flat out nuts" (video follows with transcript and commentary):

As NewsBusters has been reporting, the Obama-loving media have largely been gushing and fawning over the current White House resident taking a vacation on Martha's Vineyard as the economy appears to be heading into a double-dip recession. Giving an interesting insight into the President's decision to not call Congress back from its summer break to tackle the problems facing the nation was New…