Day By Day

Friday, July 18, 2008

Denying Credit Where It's Due

The MSM is falling all over itself trying to deny that President Bush has anything to do with the decline in oil prices.

[Bush] 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?

To see the answer go to Don Surber's column here.