Saturday, July 19, 2008

As ForThe Press -- Guys, Hey Guys, You there?

He says drill. Oil prices drop immediately. The press doesn’t see the connection.

And on top of that, dropping oil prices now are a bad thing.

To recap: President Bush officially announced at a press conference a lift on the presidential ban on offshore drilling — at 10:20 a.m. on Tuesday.

At 11 a.m. on Tuesday, oil prices began a slide from about $145 a barrel to just under $130.

That’s a 10% drop.

How has the press reported this?
Read the summary of the reportage, but needless to say they mentioned just about everything but the above.
Don Surber -- Ignoring Bush

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