Oil & Gas Prices

It's not just the Associated Press that can't get basic facts right. No wonder Barack Obama doesn't get challenged by the media on fundamentals -- y'know, things like how many states there are in the union (he says 57 or so), whether Illinois is closer to Kentucky than Arkansas (he says it's not), or whether Warren Buffett's income (!) is $56 billion (Obama seems to think that income and net…

ABC's World News and the NBC Nightly News gave plenty of time to left-wing environmentalists and Democrats opposed to President Bush's call to open up oil drilling off the shores of the continental U.S., but unlike the CBS Evening News the two newscasts provided equal time to supporters and experts who predicted it would lower gas prices. CBS reporter Bill Whitaker began with pro and con…

Out: Suggestions that Sen. John McCain (R-Ariz.) has lost his bearings. In: Jokes about him being "liable to break a hip." Opening his Campaign Sketch column today, Washington Post's Dana Milbank painted the Arizona senator as a political dancer shuffling left-and-right all over the campaign floor: If John McCain keeps dancing like this, he's liable to break a hip. Last month, he…

With oil prices approaching $150 a barrel, and gas now over $4 a gallon (approaching $5 where I live!), Newt Gingrich's American Solutions for Winning the Future has launched a campaign to force Congress to reconsider current policies that prevent our nation from drilling for oil within its borders and territorial waters:As gas prices continue to increase, Congress continues to blame others while…

The Associated Press's Martin Crutsinger got out the gloom-and-doom paint in his report on the Consumer Price Index on Friday morning. Here are his opening paragraphs: Inflation rate jumps by biggest amount in 6 months Inflation shot up in May at the fastest pace in six months, pushed higher by soaring costs for gasoline and other types of energy. The Labor Department reported Friday that…

On Thursday, ABC News took global warming hysteria to a new level.After Chris Cuomo and Bob Woodruff previewed an upcoming environmental scare piece on "Good Morning America" as previously reported by my colleague Scott Whitlock, an article was posted at the network's website asking (emphasis added throughout):Are we living in the last century of our civilization? Is it possible that all of our…

U.S. corn futures topped out at record highs on June 11 on the news that the impact of flooding in the Midwest would hurt this year's corn crop, but the June 11 "CBS Evening News" left out one significant detail in its reporting about the crisis. "[A]gricultural disaster aid has been requested for Iowa, Illinois, Wisconsin and Michigan," CBS correspondent Cynthia Bowers said on the June 11 "…

CNN continued to harp about "big oil’s" record profits and the Democrats’ proposed windfall taxes on companies like ExxonMobil on Wednesday. In an interview of Kansas Senator Sam Brownback on "American Morning," co-host John Roberts was amazed over the Republican’s opposition to the tax proposal. "There were a couple of other provisions in this bill. One of them were to roll back the $17 billion…

Last week I noted how Time.com posted an unscientific poll on its Web site asking readers to vote whether "gas and heating oil [should] be rationed until prices come down." At the time I lamented that it "serves to further the MSM's fear-mongering about the economy while banging its left-wing drum beat about oil and gas prices." Today the magazine's Web site is asking another gas price question…

CNN’s Wolf Blitzer pressed McCain campaign adviser Carly Fiorina about oil companies "awash in record profits" on Tuesday’s "The Situation Room." The CNN host used ExxonMobil as an example five different times in his questioning. "...ExxonMobil has got these billions and billions of dollars in record profits. They can afford to not necessarily get additional tax cuts."After Fiorina outlined…

The three broadcast network evening newscasts on Tuesday framed coverage, of a Democratic Senate plan to somehow lower gas prices by imposing a “windfall profits” tax on oil companies which they would just pass on to consumers, around how Republicans “blocked” the effort. No one cast any doubt on the presumption the oil companies are earning “windfall” and/or “excessive” profits. Fill-in NBC…

"Republicans Block Taxes on Big Oil Profits" blares the teaser headline on the front page of CBSNews.com. Under a graphic of the Capitol dome and a fuel gauge nearing empty, the caption reads "Senate GOP Stops Dems' Effort To Rein In Profits Of Largest Oil Companies As Gas Prices Soar."That's a lot of bias packed into 24 words, and that's before the reader gets to the actual article. Notice the…