Fox and Friends, You Decide if They Report? (about oil)
I logged on to my favorite investing website (CAPS) today and saw this post by wcaseym taking the news media to task. I also had read and responded and tried to correct what I believe were some mistakes in this post by kpscott. I skipped over to my favorite collection of undereported news stories and stumbled onto this story which might explain why kpscott believes what he does. Out of 267 stories about off-shore drilling, only one cited the data from the Energy Information Agency that off shore oil will not only, not lower prices today, but only have a negligable affect on future oil prices.