Oil & Gas Prices
Gas Poll Shocker: Oil Drilling Favored Over Conservation
July 2nd, 2008 2:14 PM
Once again, it appears media and Democrats are on the wrong side of public opinion, as a new poll released Tuesday shows Americans more interested in expanding oil drilling to solve the current energy crisis than additional conservation measures. In fact, "[a]n increasing proportion also says that developing new sources of energy - rather than protecting the environment - is the more important…
R.F.K. Jr.: Oil, Coal Subsidies Over $2 Trillion Per Year
July 1st, 2008 6:25 PM
During June 30th's "Larry King Live," Robert F. Kennedy Jr., senior attorney at the National Resource Defense Counsel, made a head-turning statement regarding subsidies to the oil and coal industry, and not a single panelist challenged him on it. Not that one would expect King himself to do it; however, the other panelists included Chevron's David O'Reilly and ABC's John Stossel. Relevant portion…
Brokaw Brings Strong Liberal Tilt to 'Meet The Press
July 1st, 2008 8:12 AM
In his first Sunday as interim host of "Meet the Press," retired NBC anchorman Tom Brokaw suggested he would lean strongly to the left this year. He lamented the presence of "scurrilous things about Barack Obama out on the blogosphere." He asked a series of questions about "climate change," suggesting it’s a "wise decision" to have a ban on new coal-driven power plants. His only Tim Russert-style…
CBS ‘Early Show’ Declares Recession
June 30th, 2008 3:50 PM
On Monday’s CBS "Early Show," co-host Harry Smith talked to economic analyst Mark Zandi about the state of the economy and asked: "Oil's up, gasoline's up, food prices up, stocks, way, way, way, way down. Home owner -- home values are down. Is there an end in sight to all of this bad news?" Zandi replied: "You just made me depressed. No. It's just bad news. It really is...It's just a really tough…
CBS News Portrays $7 Gas as Positive
June 27th, 2008 1:58 PM
Expensive gas isn't so bad to the "CBS Evening News," as long as it promotes an agenda that caters to left-of-center sensibilities and makes Americans behave more like Europeans. Economists from Canadian Imperial Bank of Commerce (CIBC) (NYSE:CM) forecasted $7-a-gallon gas prices by 2010, which according to some analysts would force 10 million vehicles off U.S. roads over four years. CIBC…
'Nightly News': Is General Motors Going Out of Business
June 27th, 2008 12:37 PM
General Motors has been in business since 1897, but there are fears now propagated in the media that the longtime American icon faces an uncertain future. Brian Williams raised the possibility of General Motors (NYSE:GM) going out of business on the June 26 "NBC Nightly News" to Jim Cramer, host of CNBC's "Mad Money." "[J]im, I know you talk about this, think about this everyday for a living…
Farnsworth of CBS News Needs American History Lesson
June 25th, 2008 7:53 PM
Remember when the 49ers gold rush happened in Maine? How about when Dan'l Boone explored California? Do you remember when Lee surrendered his Confederate army in Fargo, North Dakota? Well, to those famous places with famous incidents we can add that great Revolutionary War battle of Lexington and Concord... Virginia. At least we can do so in the reckoning of one Jamie Fansworth of the CBS News…
Brazile: Forget Obama's Abortion Radicalism—Gas is
June 25th, 2008 6:20 PM
Who cares if Barack Obama won't protect a child who is born alive after an abortion? Gas is over $4/gallon! So argued Donna Brazile when Bill Bennett pressed her on the matter today. The issue arose during a post-Obama press conference kibitzing session on CNN's Situation Room. Bennett was making the point that the complaisant media in attendance had failed to press the candidate on tough…
Media Darling Warren Buffett Decries Obama’s Windfall Profits Tax
June 25th, 2008 4:39 PM
In the past when Warren Buffett has spoken out the "super rich" needing to pay a higher tax rate, the media have hung on his every word. But, now that he has spoken out against a windfall profits tax on oil, will they notice? Buffett said he disapproved of the windfall profits taxes in an interview with CNBC's Becky Quick on "Power Lunch" on June 25. "I think it is very hard to have windfall…
CBS’s Chen Describes ‘Perfect Storm of Economic Woes
June 24th, 2008 4:10 PM
On Tuesday’s CBS "Early Show, " co-host Julie Chen lead the show with a depressing segment on the economy: "...with the economic woes hitting the nation, we have your complete guide to surviving the big squeeze." Chen proceeded to highlight high gas prices, then explain how "...the crisis in the housing market is also a drag on the economy," and finally, "Completing this perfect storm of economic…
Bonnie Erbe Bashes Barack, and CNN's Attempt at Flip-Flop Equivalence
June 24th, 2008 1:54 PM
PBS's Bonnie Erbe hosts that network's weekly news analysis program, "To the Contrary with Bonnie Erbe," is a weekly columnist for Scripps Howard Newspapers, and blogs at USNews.com. Erbe called for the impeachment of George Bush in February 2006. Anyone looking through her Scripps Howard archive will conclude that she can't possibly be labeled a conservative ideologue -- which is why her take on…
Barnicle to McCain: Don't Go Negative
June 23rd, 2008 12:40 PM
Mike Barnicle has some campaign advice for John McCain: don't say anything about Obama's questionable connections. The former Boston Globe columnist, with a heartfelt second from Mika Brzezinski, wants the world to know that he's heard enough about Reverends Wright and Pfleger, not to mention Bill Ayers, and thinks McCain would "win a few points" for staying away from all that stuff and…