Monday, July 7, 2008

What a miss leading headline from CNN: "Oil Prices tumble"

CNN: "Oil prices tumble nearly $4".

Hello CNN -- try this: "Oil prices close at $141.37 remaining 50% above six months ago".
(This six month trend is showing signs of an oil crisis).

1 comment:

Anonymous said...

The Australian Broacasting Corporation (public broadcaster) in the morning radio bulletins do something very similar.

When the oil price declines it almost always is stated as "Oil falls , then (price).."

If the price increased then it is "Oil is (price), Oil is up."

I can't take it personally, I just try to read the news like the old soviets used to read Pravda.