Thursday, September 21, 2006
The 'Gas Price' Card
Isn't it odd...violence in Iraq remains at an extremely high level, the Middle East remains volatile, global tensions continue to run high, we are in the middle of hurricane season...and gasoline prices are plummeting. Not a gradual decline, mind you, but PLUMMETING!
Check out the above chart, from the Energy Information Administration. Since the beginning of August the average price for a gallon of regular gas has dropped more than 50 cents, and yet the silence from the media on this has been deafening.
I finally caught some pundits on one of the cable news nets today discussing whether the falling gas prices might have anything to do with the president's improved poll numbers. Are you kidding? How could it not have an impact?
What journalists should now be doing is trying to determine if the Bush administration has done some behind-the-scenes arm-twisting to effect the current price decline, which is conveniently happening right before the mid-term elections.
Considering the closed door meetings in the setting of our nation's energy policy, not to mention the close ties of Bush and Cheney to the oil industry, an investigation should be a no-brainer. Well maybe not with a GOP-led House and Senate.
Think the big oil companies don't know the impact of having Democrats take back either the House or Senate? These masters of greed do not want any oversight of their role in the policies and actions of the Bush administration.
Still, there is no serious news being broadcast these days.
Why examine whether oil prices are being manipulated for political gain, when it is much safer to focus on a baby-napping, or the death of Anna Nicole Smith's son, or the dangers of tainted spinach?
Wouldn't it be nice to see some news outlets doing their job and exploring the subject? Or is the story deliberately being suppressed by the corporations that own the major news broadcasters and newspapers?
Sadly, we can't even get coverage of the continued violence in Iraq these days, so how can we expect them to investigate the connection between the price decline and a GOP push to maintain their majority?