Oil & Gas Prices

If you've been listening to the news, you might be surprised that the national average for gas is $3.20 - not $4 or more. Media hype of rising gas prices included predictions of $4, $5 and even higher national averages for gasoline.MRC Business & Media Institute director and Newsbusters contributor Dan Gainor appeared on Fox's "Your World with Neil Cavuto" on May 28, 2007 to combat the hype…

This is way too funny, folks, and requires all potables, combustibles, and sharp objects to be properly stowed.There was a meeting of Al Gore sycophants in Marin, California, on Wednesday. And, rather than liberal, Northern California attendees coming on environmentally-friendly bicycles, by horseback, or in hybrid vehicles, the parking lot at the Marin Civic Center was filled with gas-guzzling…

The Associated Press imagines itself a “news” organization. Ordinarily, “news” does not convey opinion, but only facts… at least that’s the ideal. That being the general understanding of what comprises news, it is interesting when we at Newsbusters find odd bits of opinion encased inside any particular AP “news” story. But, it is really odd to find a story that is predicated almost entirely on…

Discuss, debate, pontificate. Name and town not needed if you wish to opine.Here's a topic to think about. Why do the media pay little if any attention to the role that the OPEC oil cartel plays in high oil prices, largely laying the blame at the feet of publicly-traded corporations that the media deride as "Big Oil"?

After a week of inaccurate reports about the “record high” price for gas when, adjusted for inflation, the price was still below the cost in March of 1981, on Monday night ABC, CBS, and NBC again touted a “record high” price, but at least NBC acknowledged it simply matched the real 1981 price, while CBS alluded to a 1981 comparison. With “Record Prices” on screen, CBS Evening News anchor Katie…

As Al Gore and his band of not so merry global warming alarmists in buses and in the press try to convince Americans that they need to alter behaviors in order to save the planet, an inconvenient truth is being cynically withheld: this is going to cost a lot of money.Of course, one of the delicious hypocrisies is that these are the same people who decry the current economic boom as only helping…

There was a summit between Russia’s Vladimir Putin and the leaders of the European Union on Friday that yielded as little results as it did attention from America’s media.One of the issues on the table was whether Russia is going to provide more energy resources to EU nations starved for such.Didn’t hear about this?Well, that’s not surprising, for in the midst of the media’s ongoing attempts to…

As gas prices are on a springtime upswing and the summer driving season is upon us, NewsBusters and the Media Research Center's Business & Media Institute have documented the media's persistent hype about gas prices.But if the media really want a story about an economy running on fumes, they need look no further than Zimbabwe, where socialistic thuggery has resulted in a starving nation…

Did you hear about the nineteen Democrats that sent a letter to Speaker Nancy Pelosi (D-California) and Majority Leader Steny Hoyer (D-Maryland) expressing concern that a global warming bill being discussed in the House could reduce energy supplies and raise prices?You didn’t? Want to know why?Well, because other than Environment & Energy Daily, nobody reported it. *****Critical Update:…