NBC’s Missed Prediction: $4 Gas by Mid-February

Jeff Poor
February 19th, 2008 12:43 PM
Early last month, when oil prices flirted with inflation-adjusted record highs, fears of sky-high gas prices were filtered through the media. CNBC's Erin Burnett gave viewers a frightening prediction of $4-a-gallon gasoline during a January 2 appearance on the NBC "Nightly News." The "Street Signs" anchor cited John Kilduff, the vice president of risk management at the MF Global Ltd.…