Oil & Gas Prices

CNBC "Mad Money" host Jim Cramer often showcases erratic and unpredictable behavior and the same goes sometimes for his analysis of the stock market. While the economy continues to struggle through the recession, the forward-looking indicators known as the financial markets continue to perplex Cramer for not going up when some positive signs, also known as "green shoots" by the financial media,…

Part 1 ("The Big Picture") is here.Quick:Which company sold the most light trucks in the U.S. in June?Which company came in at Number 9 in car sales in June, down from Number 7 a year ago?Aren't smaller players in the auto industry obviously gaining ground on the big guys because of their small, fuel-efficient cars?If you don't know the answers to these questions, it's because the press has been…

Remember the good old days—when dissent was patriotic?  Fuggedaboutit.  Dissent isn't merely unpatriotic now.  It's downright treasonous.  Just ask Paul Krugman.If, like virtually all House Republicans and a handful of Dems, you don't agree with the likes of Henry Waxman on the need to take radical measures on the climate, you're guilty of . . . "a form of treason."  Treason against the planet,…

Noteworthy from Friday night's broadcast network evening newscasts which, a day after his death, spent 95 percent of their air time on Michael Jackson -- all but 1:03 of ABC's approximate 22 minutes was devoted to Jackson, all but 34 seconds of CBS and all but 1:22 of NBC, for 2:59, less than three minutes in total for all news beyond Jackson: ♦ Only ABC's World News reported how Monica Conyers,…

Virtually every time oil and gasoline prices rose when George W. Bush was in the White House, his policies and/or his connections to folks in the oil industry were blamed by newsrooms from coast to coast.Yet, even though oil has doubled in price since Inauguration Day, with retail gas prices up $0.75 a gallon, you'd be hard-pressed to find reports blaming these spikes on President Obama or…

It's the new "C" word according to Melissa Francis, co-host of CNBC's "The Call." Using the word "cartel" to describe OPEC is officially a no- no. Francis, who was on location in Vienna, Austria at the OPEC summit, reported on an exchange between herself and Ali Al-Naimi, the oil minister of Saudi Arabia during the May 28 broadcast of "Squawk on the Street." In an interview, Al-Naimi took issue…

While reporting on the Obama administration’s plan to impose higher fuel standards on cars and trucks on Tuesday’s CBS Early Show, co-host Harry Smith asked Obama environmental advisor Carol Browner: "As a former long-time administrator of the EPA, how overdue is this?" Browner replied: "It is long overdue. You know, Congress stood in the way of tougher fuel economy standards for a long time.…

"Good Morning America" co-host Diane Sawyer on Tuesday aggressively lobbied for the Obama administration to install a European-style gas tax on the United States. Talking to Carol Browner, Assistant to the President for Energy and Climate Change, about Obama's plans for increased fuel standards, she began, "Why not just go to a gas tax, for instance, which would accomplish a reduction in the use…

For whatever reason, CNBC keeps lining up challengers to take on its Chicago Mercantile Exchange floor reporter Rick Santelli over his self-reliance, pro-taxpayer persona - whether it's Steve Liesman, Arianna Huffington or this time, Keith Boykin - editor of The Daily Voice, a CNBC contributor and a BET TV host. ON CNBC's May 7 "The Call," Santelli took on Boykin in the program's "The Call of…

Here’s a quick informal poll:  Who has heard news of Russia’s recent troop buildup in the South Ossetia region of Georgia?   Most of our readers would immediately think of the Russian invasion of that region last summer, during the presidential contest, but the Russians are arguably saber rattling again with a fresh buildup of boots on-the-ground ahead of planned NATO exercises.  Last August, the…

After getting wiped all over the floor by Marc Morano in a March 27 global warming debate, and responding by childishly forbidding any articles of Morano's be linked at his Climate Progress blog, Joe Romm has set his sights on NewsBusters.In an article hysterically titled "Newbusters jumps the shark (if that’s possible) in its attack on my truthful statement “windpower now generates more jobs in…

For over six months, bankers, traders, financial institution employees, and anybody in any way associated with Wall Street have been eviscerated by the media as greedy, lying crooks.Considering this, and how shortly after his inauguration, President Barack Obama said this isn't the time for people to be worried about profits, one has to wonder what kind of reaction the left and their media…