Gas Prices Back Above $3, Networks Don’t Question Obama Policies

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Gas prices are “soaring” again, crossing the $3-a-gallon threshold on Dec. 23 for the first time since Oct. 17, 2008. Back then the benchmark was a relief as prices plunged from the highest price ever of $4.11. Pump prices have been climbing all month, yet network reports downplayed the pain and suffering of consumers. Jim Axelrod of CBS called it “bad news” after reporting some positive economic news on Dec. 28, but concluded “The economy's not great, says economist Dan Greenhaus, but not terrible either.” Compare that to past media exaggeration of gas prices. NBC's Anne Thompson said that “no matter what kind of gas is sold, today it's now unbelievably expensive” on Aug. 31, 2005. That day the national average for gasoline was $2.62 – but the gas price signs shown in Thompson's report were much higher at $3.49. read more

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Gas Prices Back Above $3, Networks Don’t Question Obama Policies

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Posted by on December 30, 2010. Filed under News, Politics, Video. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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