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Ian David

(69,059 posts)
Wed May 9, 2012, 01:33 PM May 2012

Fox Now Asking: Is The Drop In Gas Prices A Bad Thing? [View all]

Earlier this year, Fox News hyped the rise in gasoline prices, blaming President Obama even though experts agree that worldwide market factors, not U.S. policies, set gas prices. So what is Fox saying now that gas prices are falling?




Seriously.

You know who else sees the drop in gas prices as a bad thing? Republican strategists who were hoping to reap the political benefits of high gas prices at the polls this year.

Stuart Varney, the Fox Business host pictured at the top, tried to explain the claim that the recent gas price drop might be "BAD," saying it may be "just a sign of a weakening economy." The Wall Street Journal reported that one of the reasons for the drop in gas prices was the "softening economies in the U.S. and Europe," along with easing tensions in Iran and changes in the oil market.



More:
http://mediamatters.org/blog/201205090010

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