Oil & Gas Prices

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.…

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…